The Federal Communications Commission generally does not allow cross ownership, to keep from one license holder having too much local media ownership, unless the license holder obtains a waiver, such as News Corporation and the Tribune Company have in New York.
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They ruled that a "diversity index" used by the FCC to weigh cross-ownership (of radio, television and newspapers) employed several "irrational assumptions and inconsistencies." Dissent by Chief Judge Anthony Joseph Scirica noted that the majority were simply employing their own assumptions.
In late 2007, the FCC loosened its restrictions on newspaper-broadcast cross-ownership perhaps creating an opening for Tribune (which was purchased by investor Sam Zell in December 2007) to retain WTXX without a waiver.