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Removing Media Ownership Limits and Easing Mergers for Local News.

This law removes federal limits on the number of radio and television stations a single company can own and allows the common ownership of newspapers and broadcast stations. This change could lead to greater media consolidation, potentially reducing the diversity of news sources available to citizens in local markets. Furthermore, the act temporarily grants local news creators antitrust protection, allowing them to collectively negotiate terms with large online platforms regarding content distribution.
Key points
Ownership Limits Removed: A single entity can own an unlimited number of radio and television stations nationwide.
Cross-Ownership Allowed: The ban on owning both a daily newspaper and a broadcast station in the same market is lifted.
Weaker Antitrust Scrutiny: Media acquisitions are made easier by weakening antitrust review regarding market share in broadcasting and newspaper markets.
Collective Bargaining: Local news creators gain a 4-year window to collectively negotiate distribution terms with major online content distributors.
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Expired
Citizen Poll
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Additional Information
Print number: 118_S_4291
Sponsor: Sen. Paul, Rand [R-KY]
Process start date: 2024-05-08
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Local News and Broadcast Media Preservation Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4291.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-05-08.

What are the main provisions?

Key points include:

  • Ownership Limits Removed: A single entity can own an unlimited number of radio and television stations nationwide.
  • Cross-Ownership Allowed: The ban on owning both a daily newspaper and a broadcast station in the same market is lifted.
  • Weaker Antitrust Scrutiny: Media acquisitions are made easier by weakening antitrust review regarding market share in broadcasting and newspaper markets.
  • Collective Bargaining: Local news creators gain a 4-year window to collectively negotiate distribution terms with major online content distributors.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Paul, Rand [R-KY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Media and Culture Courts and Law Economy