US TV and radio broadcasters like Nexstar, Sinclair and Tegna face fierce competition from internet-delivered platforms, yet only the broadcasters are limited by strict FCC ownership rules. With Republicans now controlling the FCC, Congress and the White House — and with a business-friendly court overseeing broadcasters’ litigation against the FCC — the broadcasters have their best chance in decades to ease the FCC rules, potentially creating opportunities to pursue deals that unlock economies of scale. In this Votes and Verdicts Brief, Bloomberg Intelligence analysts Matthew Schettenhelm and Jennifer Rie tackle the legal path ahead on this important issue.

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