Regulators voted to ease a limit on TV-station ownership, a step that could open a door to mergers such as Sinclair Broadcast Group Inc.’s bid for Tribune Media Co.
The Federal Communications Commission, on a 2-1 Republican-led vote on Thursday, restored the practice of counting just part of some stations’ audience. Shrinking the audience allows more room to buy stations before a company reaches the limit of serving 39 percent of the national TV viewership. The agency also said it may consider raising that limit.
