Citing Appeals Court remand of FCC ownership cap (CD Feb 20 p1), ...
Citing Appeals Court remand of FCC ownership cap (CD Feb 20 p1), Viacom asked Commission to extend deadline for its divestiture of some stations until 12 months after new agency ownership decision is final. In petition, Viacom said interim…
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relief “would merely preserve the status quo” while FCC complied with court order. It also said denial of extension would cause Viacom irreparable harm since it would have to divest stations reaching 4% of all U.S. households and 10% of Viacom’s total household reach. Viacom also said there was “substantial likelihood” FCC or court would repeal or modify ownership cap, since “no surviving rationale exists for retaining the rule.”