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FCC Considering Cable Ownership Limits

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From Associated Press

Federal regulators said they would take another crack at fashioning ownership limits for cable companies to ensure that in an era of mergers there is adequate competition and programming diversity.

The move by the Federal Communications Commission comes four years after an appeals court ruled that the agency hadn’t justified the ownership caps it established in 1993.

The earlier caps stipulated that a company could not own systems serving more than 30% of U.S. cable subscribers and, except in certain situations, could not own more than 40% of the programming shown on its cable systems.

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When the caps were imposed no company was close to the limits. But because of mergers, Comcast Corp. is encroaching on the 30% threshold.

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