Report: Local TV Stations Aim to Turn Back FCC Rule

Wall Street Journal: Television broadcasters are on the cusp this coming week of turning back one of the toughest pieces of regulation to hit them in decades. The rule, put in place last year by the Federal Communications Commission, cracks down on sharing agreements between local TV stations, arrangements that have helped broadcasters grow without violating federal ownership limits. Station owners have fiercely resisted the move, and their efforts are gaining momentum.