June 15, 2017 / 4:06 PM / 2 months ago

Appeals court won't issue order blocking TV ownership rule

WASHINGTON, June 15 (Reuters) - A federal appeals court on Thursday declined to issue an emergency order blocking the U.S. Federal Communications Commission from changing its local television ownership rules, which could have blocked Sinclair Broadcast Group Inc from buying assets of Tribune Media Co one of the largest U.S. television station operators.

The court declined to immediately block the FCC's vote in April to reverse a 2016 order limiting the number of television stations some broadcasters can buy. Critics said in a court filing that failing to block the FCC rule "will usher in a wave of media consolidation." (Reporting by David Shepardson; Editing by Jonathan Oatis)

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