washington republican-led federal communications commission move quickly undo roadblocks increase consolidation among media company potentially unleash onslaught deal among tv radio newspaper owners seek good compete online media fcc chairman ajit pai wednesday disclose plan ask media communications regulator nov. 16 eliminate 42-year-old ban cross-ownership newspaper tv station major market change would also make easy media company buy additional tv station market local station jointly sell advertise time move along expect fcc media rule change could usher new era media consolidation could help struggle newspapers tv station limit diversity media voice fcc pai cite rise competition advertise websites like alphabet inc google facebook inc reason ease media ownership rule well help struggle newspapers big media firm include tegna inc nexstar media group inc cite potential rule change motivate look expansion opportunities near future decision could also allow sinclair broadcast group seek approval propose 3.9 billion acquisition tribune media co avoid divestitures order get deal approve eliminate outdated regulations unnecessarily hobble local broadcast station benefit consumers communities across country say national association broadcasters friday advocacy group free press criticize pai proposal say ignore decades runaway media consolidation significantly harm local news independent voice anne bentley spokeswoman tegna tv broadcaster formerly know gannett spin newspapers 2015 say company expect strategic discipline consolidator pivotal time positive regulatory change nexstar chief executive officer perry sook say statement thursday change would allow local broadcasters make additional investments localize program content people news resources report capabilities roger entner analyst recon analytics tell reuters rollback rule mean see consolidation local level tv station tv group buy local newspapers cbs corp chief executive les moonves say february believe pai deregulatory plan beneficial business rule change cbs would strategically want buy more april fcc vote reverse 2016 decision limit number television station broadcasters could buy rule adopt 1985 station weak over-the-air signal could partially count broadcaster ownership cap last year fcc democratic president barack obama say rule outdated 2009 conversion digital broadcast eliminate differences station signal strength pai say late march also plan take new look current overall limit company own station serve 39 percent u.s. television households fcc media rule rollback could usher tv station buy spree