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Top Five Markets

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Wednesday, November 14, 2007

FCC Chairman Kevin J. Martin has proposed to allow big-city newspapers to buy lesser-watched television stations in the same city. Here's how the change would affect the top five media markets in the country.

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New York: Tribune Co. has a waiver to continue to own Newsday and TV station WPIX. It would no longer need the waiver but could not buy another station.

Los Angeles: Tribune has a waiver to allow it to own the Los Angeles Times and TV station KTLA. It would no longer need the waiver but could not buy another station.

Chicago: Tribune's ownership of the Chicago Tribune and WGN is grandfathered. It would no longer require the exception but could not buy another station.

Philadelphia: No current cross-ownership.

Dallas-Fort Worth: Belo owns the Dallas Morning News and WFAA television, but the company is spinning off TV stations, eliminating the need for a waiver.


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