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Pending acquisitions could result in Indianapolis' five major TV news stations being owned by just two companies.

Some media experts express concern that this consolidation could lead to fewer journalists, less local coverage and potential layoffs.

The Federal Communications Commission (FCC) must approve the deals, which will test the agency's stance on media ownership rules.

A deal announced in October means that Indianapolis' top five TV news stations could be owned by just two companies in the future — raising questions about what consolidation could mean for local news coverage.

Residents on social media largely reacted with skepticism and concern. "There goes the news," "our media being a monopoly is not good at all," and "so happy to get all my 'news' from

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