The Federal Communications Commission voted today to relax a restriction that barred a company from owning more than one broadcast network.
The Federal Communications Commission gave conditional approval to America Online's acquisition of media conglomerate Time Warner. With the FCC's approval, the merger creating the nation's largest media empire has cleared its final hurdle.
NBC and Fox's decision not to commit to showing all four presidential and vice presidential debates is drawing heat from critics and, most recently, Federal Communications Commission Chairman William Kennard.
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