In a blow to Big Media, the court refused to review a lower court decision that blocked an FCC rule loosening cross-ownership regulations to allow firms to own newspapers and TV stations in the same market (as if grandfather clauses and waivers already have the Tribune Co. owning both in Chicago and LA and News Corp. pre-breakup doing the same in NY): http://www.thewrap.com/media/article/supreme-court-punts-fcc-cross-ownership-case-46051
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