Business

FCC may ease key rules

The Federal Communications Commission is set to decide whether to relax media ownership rules, in votes that could help Tribune Co. retain its common control of TV stations and newspapers in cities including Chicago and Los Angeles.

FCC Chairman Julius Genachowski yesterday asked for a vote to “streamline and modernize” media-ownership rules, said Tammy Sun, an agency spokeswoman.

The proposal includes allowing common ownership of a daily newspaper and a TV station in the 20 biggest cities, according to two officials briefed on the plan.

In a separate proposal, Genachowski has proposed granting Tribune, which is emerging from bankruptcy, permission to continue holding its five TV-newspaper combinations, two officials said.