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icon for FCC revokes a major network broadcast license by December 31, 2026?
Politics·FCC

FCC revokes a major network broadcast license by December 31, 2026?

icon for FCC revokes a major network broadcast license by December 31, 2026?
Politics·FCC

FCC revokes a major network broadcast license by December 31, 2026?

9% chance
Polymarket

$36,666 Vol.

9% chance
Polymarket

$36,666 Vol.

This market will resolve to "Yes" if the Federal Communications Commission (FCC), or an authorized representative of the FCC, publicly and officially announces the revocation, cancellation, denial of renewal, or non-renewal of the broadcast license of any full-power ABC, CBS, NBC, or Fox television station, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying station is any full-power television broadcast station in the United States that is, at the time of the announcement, an owned-and-operated station or affiliate of the ABC, CBS, NBC, or Fox broadcast networks. Actions against low-power stations, translator stations, Class A stations, radio stations, or stations not affiliated with one of the four listed networks do not qualify. An announcement qualifies if it communicates that the FCC is revoking, cancelling, denying renewal of, or otherwise terminating a qualifying station's broadcast license, including an order that the license will not be renewed upon expiration. A qualifying announcement must be a declarative statement of the FCC's present revocation, cancellation, or denial of the license, a previously-unannounced prior revocation, cancellation, or denial, or a definitive decision to revoke, cancel, or deny the license. A qualifying announcement must clearly and unambiguously identify the revocation, cancellation, or denial of a qualifying station's license. Statements that merely allude to, reference, threaten, or describe a potential revocation, without clearly communicating a decided action, do not qualify. The announcement need not use specific terminology; an announcement that a qualifying station's license has been terminated, rescinded, or will not be renewed qualifies, provided the substantive action against the license is clearly and unambiguously communicated. A qualifying announcement must be made through official channels, by an individual or body acting in an official capacity, including a Commission order, public notice, or official statement by the FCC or its authorized representatives. The following do not qualify: - Anonymous, unattributed, or leaked statements not confirmed as official; - Statements by persons not authorized to speak for the FCC, including statements by the President or other government officials calling for, urging, or predicting a revocation, unless accompanied by qualifying FCC action; - Statements by individual FCC Commissioners, including the Chairman, expressing intent, threat, or support for revocation, absent an adopted Commission action or an action taken under validly delegated authority; - Third-party speculation, analysis, or predictions that the FCC will revoke, cancel, or deny a license; - Satirical, fabricated, hacked, or impersonated communications; - A licensee's voluntary surrender, sale, transfer, or relinquishment of a license, or a station's loss or change of network affiliation, absent qualifying FCC action; and - Statements that describe a prospective, contingent, probable, or conditional revocation rather than announcing a present and decided action. Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether the action is later reversed, stayed, vacated on appeal, or whether the station actually ceases broadcasting. Resolution will be based on official information from the Federal Communications Commission, including Commission orders, public notices, the FCC's Electronic Document Management System (EDOCS), the Licensing and Management System (LMS), and official statements by the FCC or its authorized representatives.The FCC has faced repeated calls from President Trump and Chairman Brendan Carr to scrutinize or revoke broadcast licenses held by major network-owned stations, including early renewal reviews for ABC affiliates and inquiries into NBC parent Comcast. These stem from disputes over news coverage, Iran-related reporting, and decisions not to air presidential addresses. Legal experts note that actual revocation faces steep First Amendment barriers, requires lengthy administrative hearings with opportunities for court challenges, and has almost never occurred for content-based reasons. No major network licenses are scheduled for standard renewal before 2028, and ongoing proceedings remain in preliminary stages with no final actions completed. This procedural timeline and judicial precedent underpin trader expectations that revocation will not occur by the 2026 deadline.

This market will resolve to "Yes" if the Federal Communications Commission (FCC), or an authorized representative of the FCC, publicly and officially announces the revocation, cancellation, denial of renewal, or non-renewal of the broadcast license of any full-power ABC, CBS, NBC, or Fox television station, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

A qualifying station is any full-power television broadcast station in the United States that is, at the time of the announcement, an owned-and-operated station or affiliate of the ABC, CBS, NBC, or Fox broadcast networks. Actions against low-power stations, translator stations, Class A stations, radio stations, or stations not affiliated with one of the four listed networks do not qualify.

An announcement qualifies if it communicates that the FCC is revoking, cancelling, denying renewal of, or otherwise terminating a qualifying station's broadcast license, including an order that the license will not be renewed upon expiration.

A qualifying announcement must be a declarative statement of the FCC's present revocation, cancellation, or denial of the license, a previously-unannounced prior revocation, cancellation, or denial, or a definitive decision to revoke, cancel, or deny the license.

A qualifying announcement must clearly and unambiguously identify the revocation, cancellation, or denial of a qualifying station's license. Statements that merely allude to, reference, threaten, or describe a potential revocation, without clearly communicating a decided action, do not qualify. The announcement need not use specific terminology; an announcement that a qualifying station's license has been terminated, rescinded, or will not be renewed qualifies, provided the substantive action against the license is clearly and unambiguously communicated.

A qualifying announcement must be made through official channels, by an individual or body acting in an official capacity, including a Commission order, public notice, or official statement by the FCC or its authorized representatives.

The following do not qualify:
- Anonymous, unattributed, or leaked statements not confirmed as official;
- Statements by persons not authorized to speak for the FCC, including statements by the President or other government officials calling for, urging, or predicting a revocation, unless accompanied by qualifying FCC action;
- Statements by individual FCC Commissioners, including the Chairman, expressing intent, threat, or support for revocation, absent an adopted Commission action or an action taken under validly delegated authority;
- Third-party speculation, analysis, or predictions that the FCC will revoke, cancel, or deny a license;
- Satirical, fabricated, hacked, or impersonated communications;
- A licensee's voluntary surrender, sale, transfer, or relinquishment of a license, or a station's loss or change of network affiliation, absent qualifying FCC action; and
- Statements that describe a prospective, contingent, probable, or conditional revocation rather than announcing a present and decided action.

Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether the action is later reversed, stayed, vacated on appeal, or whether the station actually ceases broadcasting.

Resolution will be based on official information from the Federal Communications Commission, including Commission orders, public notices, the FCC's Electronic Document Management System (EDOCS), the Licensing and Management System (LMS), and official statements by the FCC or its authorized representatives.
Volume
$36,666
End Date
Dec 31, 2026
Market Opened
Jul 17, 2026, 7:57 PM ET

Resolver

0x65070BE91...
This market will resolve to "Yes" if the Federal Communications Commission (FCC), or an authorized representative of the FCC, publicly and officially announces the revocation, cancellation, denial of renewal, or non-renewal of the broadcast license of any full-power ABC, CBS, NBC, or Fox television station, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying station is any full-power television broadcast station in the United States that is, at the time of the announcement, an owned-and-operated station or affiliate of the ABC, CBS, NBC, or Fox broadcast networks. Actions against low-power stations, translator stations, Class A stations, radio stations, or stations not affiliated with one of the four listed networks do not qualify. An announcement qualifies if it communicates that the FCC is revoking, cancelling, denying renewal of, or otherwise terminating a qualifying station's broadcast license, including an order that the license will not be renewed upon expiration. A qualifying announcement must be a declarative statement of the FCC's present revocation, cancellation, or denial of the license, a previously-unannounced prior revocation, cancellation, or denial, or a definitive decision to revoke, cancel, or deny the license. A qualifying announcement must clearly and unambiguously identify the revocation, cancellation, or denial of a qualifying station's license. Statements that merely allude to, reference, threaten, or describe a potential revocation, without clearly communicating a decided action, do not qualify. The announcement need not use specific terminology; an announcement that a qualifying station's license has been terminated, rescinded, or will not be renewed qualifies, provided the substantive action against the license is clearly and unambiguously communicated. A qualifying announcement must be made through official channels, by an individual or body acting in an official capacity, including a Commission order, public notice, or official statement by the FCC or its authorized representatives. The following do not qualify: - Anonymous, unattributed, or leaked statements not confirmed as official; - Statements by persons not authorized to speak for the FCC, including statements by the President or other government officials calling for, urging, or predicting a revocation, unless accompanied by qualifying FCC action; - Statements by individual FCC Commissioners, including the Chairman, expressing intent, threat, or support for revocation, absent an adopted Commission action or an action taken under validly delegated authority; - Third-party speculation, analysis, or predictions that the FCC will revoke, cancel, or deny a license; - Satirical, fabricated, hacked, or impersonated communications; - A licensee's voluntary surrender, sale, transfer, or relinquishment of a license, or a station's loss or change of network affiliation, absent qualifying FCC action; and - Statements that describe a prospective, contingent, probable, or conditional revocation rather than announcing a present and decided action. Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether the action is later reversed, stayed, vacated on appeal, or whether the station actually ceases broadcasting. Resolution will be based on official information from the Federal Communications Commission, including Commission orders, public notices, the FCC's Electronic Document Management System (EDOCS), the Licensing and Management System (LMS), and official statements by the FCC or its authorized representatives.
This market will resolve to "Yes" if the Federal Communications Commission (FCC), or an authorized representative of the FCC, publicly and officially announces the revocation, cancellation, denial of renewal, or non-renewal of the broadcast license of any full-power ABC, CBS, NBC, or Fox television station, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying station is any full-power television broadcast station in the United States that is, at the time of the announcement, an owned-and-operated station or affiliate of the ABC, CBS, NBC, or Fox broadcast networks. Actions against low-power stations, translator stations, Class A stations, radio stations, or stations not affiliated with one of the four listed networks do not qualify. An announcement qualifies if it communicates that the FCC is revoking, cancelling, denying renewal of, or otherwise terminating a qualifying station's broadcast license, including an order that the license will not be renewed upon expiration. A qualifying announcement must be a declarative statement of the FCC's present revocation, cancellation, or denial of the license, a previously-unannounced prior revocation, cancellation, or denial, or a definitive decision to revoke, cancel, or deny the license. A qualifying announcement must clearly and unambiguously identify the revocation, cancellation, or denial of a qualifying station's license. Statements that merely allude to, reference, threaten, or describe a potential revocation, without clearly communicating a decided action, do not qualify. The announcement need not use specific terminology; an announcement that a qualifying station's license has been terminated, rescinded, or will not be renewed qualifies, provided the substantive action against the license is clearly and unambiguously communicated. A qualifying announcement must be made through official channels, by an individual or body acting in an official capacity, including a Commission order, public notice, or official statement by the FCC or its authorized representatives. The following do not qualify: - Anonymous, unattributed, or leaked statements not confirmed as official; - Statements by persons not authorized to speak for the FCC, including statements by the President or other government officials calling for, urging, or predicting a revocation, unless accompanied by qualifying FCC action; - Statements by individual FCC Commissioners, including the Chairman, expressing intent, threat, or support for revocation, absent an adopted Commission action or an action taken under validly delegated authority; - Third-party speculation, analysis, or predictions that the FCC will revoke, cancel, or deny a license; - Satirical, fabricated, hacked, or impersonated communications; - A licensee's voluntary surrender, sale, transfer, or relinquishment of a license, or a station's loss or change of network affiliation, absent qualifying FCC action; and - Statements that describe a prospective, contingent, probable, or conditional revocation rather than announcing a present and decided action. Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether the action is later reversed, stayed, vacated on appeal, or whether the station actually ceases broadcasting. Resolution will be based on official information from the Federal Communications Commission, including Commission orders, public notices, the FCC's Electronic Document Management System (EDOCS), the Licensing and Management System (LMS), and official statements by the FCC or its authorized representatives.The FCC has faced repeated calls from President Trump and Chairman Brendan Carr to scrutinize or revoke broadcast licenses held by major network-owned stations, including early renewal reviews for ABC affiliates and inquiries into NBC parent Comcast. These stem from disputes over news coverage, Iran-related reporting, and decisions not to air presidential addresses. Legal experts note that actual revocation faces steep First Amendment barriers, requires lengthy administrative hearings with opportunities for court challenges, and has almost never occurred for content-based reasons. No major network licenses are scheduled for standard renewal before 2028, and ongoing proceedings remain in preliminary stages with no final actions completed. This procedural timeline and judicial precedent underpin trader expectations that revocation will not occur by the 2026 deadline.

This market will resolve to "Yes" if the Federal Communications Commission (FCC), or an authorized representative of the FCC, publicly and officially announces the revocation, cancellation, denial of renewal, or non-renewal of the broadcast license of any full-power ABC, CBS, NBC, or Fox television station, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

A qualifying station is any full-power television broadcast station in the United States that is, at the time of the announcement, an owned-and-operated station or affiliate of the ABC, CBS, NBC, or Fox broadcast networks. Actions against low-power stations, translator stations, Class A stations, radio stations, or stations not affiliated with one of the four listed networks do not qualify.

An announcement qualifies if it communicates that the FCC is revoking, cancelling, denying renewal of, or otherwise terminating a qualifying station's broadcast license, including an order that the license will not be renewed upon expiration.

A qualifying announcement must be a declarative statement of the FCC's present revocation, cancellation, or denial of the license, a previously-unannounced prior revocation, cancellation, or denial, or a definitive decision to revoke, cancel, or deny the license.

A qualifying announcement must clearly and unambiguously identify the revocation, cancellation, or denial of a qualifying station's license. Statements that merely allude to, reference, threaten, or describe a potential revocation, without clearly communicating a decided action, do not qualify. The announcement need not use specific terminology; an announcement that a qualifying station's license has been terminated, rescinded, or will not be renewed qualifies, provided the substantive action against the license is clearly and unambiguously communicated.

A qualifying announcement must be made through official channels, by an individual or body acting in an official capacity, including a Commission order, public notice, or official statement by the FCC or its authorized representatives.

The following do not qualify:
- Anonymous, unattributed, or leaked statements not confirmed as official;
- Statements by persons not authorized to speak for the FCC, including statements by the President or other government officials calling for, urging, or predicting a revocation, unless accompanied by qualifying FCC action;
- Statements by individual FCC Commissioners, including the Chairman, expressing intent, threat, or support for revocation, absent an adopted Commission action or an action taken under validly delegated authority;
- Third-party speculation, analysis, or predictions that the FCC will revoke, cancel, or deny a license;
- Satirical, fabricated, hacked, or impersonated communications;
- A licensee's voluntary surrender, sale, transfer, or relinquishment of a license, or a station's loss or change of network affiliation, absent qualifying FCC action; and
- Statements that describe a prospective, contingent, probable, or conditional revocation rather than announcing a present and decided action.

Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether the action is later reversed, stayed, vacated on appeal, or whether the station actually ceases broadcasting.

Resolution will be based on official information from the Federal Communications Commission, including Commission orders, public notices, the FCC's Electronic Document Management System (EDOCS), the Licensing and Management System (LMS), and official statements by the FCC or its authorized representatives.
Volume
$36,666
End Date
Dec 31, 2026
Market Opened
Jul 17, 2026, 7:57 PM ET

Resolver

0x65070BE91...
This market will resolve to "Yes" if the Federal Communications Commission (FCC), or an authorized representative of the FCC, publicly and officially announces the revocation, cancellation, denial of renewal, or non-renewal of the broadcast license of any full-power ABC, CBS, NBC, or Fox television station, between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". A qualifying station is any full-power television broadcast station in the United States that is, at the time of the announcement, an owned-and-operated station or affiliate of the ABC, CBS, NBC, or Fox broadcast networks. Actions against low-power stations, translator stations, Class A stations, radio stations, or stations not affiliated with one of the four listed networks do not qualify. An announcement qualifies if it communicates that the FCC is revoking, cancelling, denying renewal of, or otherwise terminating a qualifying station's broadcast license, including an order that the license will not be renewed upon expiration. A qualifying announcement must be a declarative statement of the FCC's present revocation, cancellation, or denial of the license, a previously-unannounced prior revocation, cancellation, or denial, or a definitive decision to revoke, cancel, or deny the license. A qualifying announcement must clearly and unambiguously identify the revocation, cancellation, or denial of a qualifying station's license. Statements that merely allude to, reference, threaten, or describe a potential revocation, without clearly communicating a decided action, do not qualify. The announcement need not use specific terminology; an announcement that a qualifying station's license has been terminated, rescinded, or will not be renewed qualifies, provided the substantive action against the license is clearly and unambiguously communicated. A qualifying announcement must be made through official channels, by an individual or body acting in an official capacity, including a Commission order, public notice, or official statement by the FCC or its authorized representatives. The following do not qualify: - Anonymous, unattributed, or leaked statements not confirmed as official; - Statements by persons not authorized to speak for the FCC, including statements by the President or other government officials calling for, urging, or predicting a revocation, unless accompanied by qualifying FCC action; - Statements by individual FCC Commissioners, including the Chairman, expressing intent, threat, or support for revocation, absent an adopted Commission action or an action taken under validly delegated authority; - Third-party speculation, analysis, or predictions that the FCC will revoke, cancel, or deny a license; - Satirical, fabricated, hacked, or impersonated communications; - A licensee's voluntary surrender, sale, transfer, or relinquishment of a license, or a station's loss or change of network affiliation, absent qualifying FCC action; and - Statements that describe a prospective, contingent, probable, or conditional revocation rather than announcing a present and decided action. Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether the action is later reversed, stayed, vacated on appeal, or whether the station actually ceases broadcasting. Resolution will be based on official information from the Federal Communications Commission, including Commission orders, public notices, the FCC's Electronic Document Management System (EDOCS), the Licensing and Management System (LMS), and official statements by the FCC or its authorized representatives.

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Frequently Asked Questions

"FCC revokes a major network broadcast license by December 31, 2026?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 9% for "Yes." For example, if "Yes" is priced at 9¢, the market collectively assigns a 9% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "FCC revokes a major network broadcast license by December 31, 2026?" has generated $36.7K in total trading volume since the market launched on Jul 17, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "FCC revokes a major network broadcast license by December 31, 2026?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "FCC revokes a major network broadcast license by December 31, 2026?" is 9% for "Yes." This means the Polymarket crowd currently believes there is a 9% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "FCC revokes a major network broadcast license by December 31, 2026?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.