A bill to amend the Communications Act of 1934 to provide that the Federal Communications Commission, in granting or renewing any radio or television broadcast license, may not take into account whether the applicant involved owns a daily newspaper which is circulated in the area to be served by the radio or television broadcast station.

Amends the Communications Act of 1954 to prohibit the Federal Communications Commission, when granting on renewing any radio or television broadcast license, from considering whether the applicant involved owns or has any interest in a daily newspaper which is circulated in the area to be served by the broadcast stations for which such license is sought.