WASHINGTON—The Republican-led Federal Communications Commission is moving to quickly undo roadblocks to increased consolidation among media companies, potentially unleashing an onslaught of deals among TV, radio and newspaper owners as they seek to better compete with online media.
FCC Chairman Ajit Pai on Wednesday disclosed his plans to ask the media and communications regulator on Nov. 16 to eliminate the 42-year-old ban on cross-ownership of a newspaper and TV station in a major market.
