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FCC solicits fin-syn opinion

The Federal Communications Commission next week is expected to seek comment from parties to the fin-syn case on how the agency should rewrite rules a Chicago court tossed out as “unreasoned and unreasonable.”

The commission has been given until April 7 to meet the U.S. 7th Circuit Court of Appeals’ order to come up with new fin-syn rules.

The FCC voted 3-2 last April to relax longstanding regs that barred networks from investing in or reaping syndication profits from Hollywood-produced TV shows.

However, the Chi court Nov. 5 ruled 3-0 that the revised rules were unacceptable.

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