Illustration: Sarah Grillo/Axios

The FCC yesterday said it will consider reversing a longstanding ban on mergers between the "Big 4" broadcast television networks. It also plans to revisit rules that prevent the same company from owning two TV stations in the same market and ones that limit a company from owning too many local radio stations in the same market.

Why it matters: 2018 has been a banner year for media consolidation and, if the FCC gets its way, 2019 could follow suit. It also would be the second round of media deregulation under Trump's FCC, the first of which was reinstatement of the "UHF discount" and the elimination of "cross-ownership" rules on newspaper, radio and TV assets in the same market.

  • Per Axios' Sara Fischer: "The reason they're doing this is the FCC and Trump administration think that deregulation is the best way to allow legacy media to better compete with tech giants, rather than adding regulations on tech."

One related thing: The FCC also may soon have another interesting decision to make, as Fox Business reports that Sinclair Communications is "the leading bidder" for a group of 21 regional sports networks that 21st Century Fox is selling as part of its $71 billion takeover by Disney. You may recall that the FCC earlier this year blocked Sinclair's deal to buy 42 local TV stations from Tribune Media, after determining that Sinclair lied to regulators during the review process.

Go deeper: FCC ruling gives wireless providers more power to block messages

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Updated 17 mins ago - Politics & Policy

Trump vows to block stimulus funding for mail-in voting and USPS

President Trump on Thursday told Fox Business' Maria Bartiromo that Democratic demands to fund mail-in voting and the U.S. Postal Service in ongoing coronavirus stimulus negotiations were a non-starter.

Why it matters: Trump directly linked Democrats' desired $3.6 billion for mail-in voting and $25 billion for the USPS to his continued baseless claims that increased mail-in voting will lead to widespread voter fraud.

Wind and solar power hit record global market shares in first half of 2020

Reproduced from Ember; Chart: Axios Visuals

A steep decline in coal-fired power combined with rising wind and solar output drove the carbon-free sources to record global market share in the first half of 2020, per a new analysis from the environmental think tank Ember.

Why it matters: The report shows how the coronavirus pandemic is speeding the ongoing shakeup of the global power mix — but also how it's occurring too slowly to reach international climate goals.

BodyArmor takes aim at Gatorade's sports drink dominance

Illustration: Eniola Odetunde/Axios

BodyArmor is making noise in the sports drink market, announcing seven new athlete partnerships last week, including Christian McCaffrey, Sabrina Ionescu and Ronald Acuña Jr.

Why it matters: It wants to market itself as a worthy challenger to the throne that Gatorade has occupied for nearly six decades.