The FCC paves way for greater media consolidation as it repeals 'stale' broadcast ownership rules

The US Federal Communications Commission (FCC), led by chairman Ajit Pai, has repealed a series of broadcast ownership regulations that could pave the way for greater consolidation in the media industry.
The regulations were first put in place in the 1970s to ensure that a diversity of voices and opinions could be heard on the air or in print.
But Pai believes those rules were keeping the media industry out of the digital age since they don't take into account how the media indust