7-7-7 rule
An FCC regulation stating that no single entity could own more than seven AM radio…An FCC regulation stating that no single entity could own more than seven AM radio stations, seven FM radio stations, and seven television stations nationwide at the same time.
Meaning
1 senses(US, historical)An FCC regulation stating that no single entity could own more than seven AM radio stations, seven FM radio stations, and seven television stations nationwide at the same time.