WASHINGTON — Granite Broadcasting Corp.’s request to own two TV stations in the San Francisco market was rejected by the Federal Communications Commission Wednesday.
Granite, which owns KNTV San Jose, had applied for a permanent waiver to the ban on owning two stations in a market so that it could acquire KOFY San Francisco. Among Granite’s claims was that a waiver would benefit minority ownership because the company’s CEO Don Cornwell is African-American.
But in its ruling, the FCC found that its concerns about local media concentration outweigh its goal of furthering minority ownership. However, the FCC is giving Granite a nine-month waiver to the duopoly rule so that the company can sell one of the stations.