JOURNAL ARTICLE

FCC's Simington Seeks to Cap Networks' Local Revenue Share.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Griffis, Kelcee 3 of 3

Abstract

Nathan Simington, a Republican member of the Federal Communications Commission, has proposed capping the share of revenue that TV networks can collect from local stations at 30%, aiming to curb corporate media monopolies. This move could impact major networks like ABC, CBS, NBC, and Fox, potentially reducing their revenue while benefiting station owners. Simington's goal is to protect local journalism and address concerns about national networks negotiating fees on behalf of local affiliates without their input. FCC Chairman Brendan Carr has also expressed interest in supporting local broadcasters over national networks. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/05, pN.PAG
  • Document Type:Article
  • Subject Area:Communication and Mass Media
  • Publication Date:2025
  • Accession Number:184926725
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