FCC Chair Kevin Martin Urges Loosening of Ownership Restriction--May Pave Way for Tribune Deal

FCC Chair Kevin Martin is expected to lead the agency's commissioners toward a temporary loosening of media cross-ownership rules for the Tribune Company at a meeting today, giving the company two years to do an important deal before the end of the year. Meanwhile, the FCC five are still discussing the larger question of more liberal cross-ownership policies in the bigger markets. Read more here and here.