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FCC votes to lift media ownership limits

The Washington headquarters of the Federal Communications Commission. Photo: Andrew Harnik / AP

In a win for the broadcasting industry, the FCC voted Thursday along party lines to lift limits on media consolidation.

Why it matters: It's FCC chairman Ajit Pai's latest move to deregulate the media industry after a year in which he has regularly been accused by Democrats of trying to aid the right-leaning Sinclair Broadcast Group, which is trying to buy Tribune Media.