Industry Leaders Debate Cap on TV Station Ownership During Senate Hearing
Newsmax CEO Christopher Ruddy warned against further consolidation as the FCC considers altering the limit.
Newsmax CEO Chris Ruddy testifies about media ownership before the Senate Committee on Commerce, Science, and Transportation in the Russell Senate Office Building on Capitol Hill in Washington, DC, on Feb. 10, 2026. Ruddy opposes the proposed $3.5 billion acquisition of Tegna Inc. by Nexstar Media Group, which would create the largest regional TV station operator in the United States. Nexstar owns NewsNation, a direct competitor to Ruddy's Newsmax. Chip Somodevilla/Getty Images
Television industry leaders appeared on Capitol Hill on Feb. 10, joining lawmakers in debating how a federal limit on station ownership impacts both competition and costs to consumers.
The Federal Communications Commission (FCC) is currently reviewing its “ownership cap,” which prohibits companies from owning stations that collectively reach more than 39 percent of all households with televisions.
Jackson Richman
Reporter
Jackson Richman is a Washington correspondent for The Epoch Times. In addition to Washington politics, he covers the intersection of politics and sports/sports and culture. He previously was a writer at Mediaite and Washington correspondent at Jewish News Syndicate. His writing has also appeared in The Washington Examiner. He is an alum of George Washington University.
