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FCC Chairman Ajit Pai. Photo by Win McNamee/Getty Images.

The Federal Communications Commission is fueling the war over media consolidation by opening the door to another deregulatory spree targeting rules that stop local broadcasters from merging.

Why it matters: The FCC may have killed the Sinclair-Tribune deal, but the overall trend is towards fewer owners for local news outlets — which are still vital sources of information for many Americans.

Details: The FCC voted last week to begin a legally-mandated review of the agency’s media ownership rules.

  • That includes asking whether the current rule — which bans a company from owning more than one of the top four stations in a market — “continues to foster competition, the stated primary goal of the rule, and thus should be retained or whether the promotion of localism or viewpoint diversity also provides justification for retaining the rule.” (Right now, you can own two stations in a market — but only one of the top four, unless the FCC waives the prohibition.)
  • It also asks for input on the necessity of a rule that two of the nation’s top four networks — NBC, ABC, CBS and Fox — can’t merge at the local level.

The big picture: The deregulation of the local media space has added more juice to an already merger-hungry market among broadcasters.

  • In an email, Paul Gallant, an analyst with Cowen Washington Research Group, said that getting rid of the prohibition on owning two of the top-four stations “would really improve the long term health of TV stations, especially in smaller markets.”

The other side: Opponents of media consolidation says it shrinks the number of voices from which consumers can get important local news and information.

  • Last year, the FCC decided to make it easier for the same person to own a broadcast station and a newspaper in the same market. It also removed a requirement that there be eight independently owned stations in any given market.
  • “We’re getting to a point where if they weaken it even further in small markets you could have one media voice across the board,” said Gigi Sohn, a top adviser to former FCC Chairman Tom Wheeler, a Democrat.

Yes, but: Not included in the review is the overall cap on what percentage of the overall national audience a single company's network of stations can reach.

What’s next? The public will be able to submit comments on the FCC’s review — which doesn’t suggest any specific proposals — before the agency releases a final report. The agency could keep the rules the same, change them or eliminate them outright.

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Illustration: Annelise Capossela/Axios

  1. Health: Fall and winter COVID surge "unlikely" if people get vaccinated.
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  3. Vaccines: Pfizer begins application for full FDA vaccine approval — Moderna says its COVID booster shot shows promise against variants.
  4. Economy: U.S. adds just 266,000 jobs in April, far below expectations.
  5. World: Asia faces massive new COVID surgeIndia records its deadliest day of the pandemic.
  6. Variant tracker: Where different strains are spreading.

Kevin McCarthy officially endorses Elise Stefanik to replace Liz Cheney

House Minority Leader Kevin McCarthy. Photo: Win McNamee/Getty Images

House Minority Leader Kevin McCarthy (R-Calif.) officially endorsed Rep. Elise Stefanik (R-N.Y.) to become the GOP's next House Republican conference chair during a Fox News appearance Sunday.

Why it matters: The GOP has been feuding internally over the fate of the current chair, Rep. Liz Cheney (R-Wyo.), because of her criticisms of former President Donald Trump, and her vote to impeach him for his role in the Jan. 6 Capitol riot.

Fauci: Vaccines could turn COVID-19 "surges" into "blips"

NIAID director Anthony Fauci told "Meet the Press" Sunday that if more Americans get vaccinated in accordance with the Biden administration's goals, COVID-19 surges may be replaced by "blips."

State of play: Last week President Joe Biden announced his goal to get 160 million Americans fully vaccinated by July 4, with at least 70% of Americans having at least one shot.