Home Login RADIO ONLINE RSS Facebook
Advertisement

NABOB Proposes Concentrated Broadcast Industry Initiative


NABOB
NABOB

Last week, the Third Circuit Court of Appeals vacated and remanded the FCC's 2017 decision, which had relaxed some of its broadcast ownership rules. In doing so the Court said, "We do conclude, however, that the Commission has not shown yet that it adequately considered the effect its actions... will have on diversity in broadcast media ownership. We therefore, vacate and remand the Reconsideration and Incubator Orders in their entirety, as well as the 'eligible entity' definition from the 2016 Report & Order.

Commenting on the Court's decision, NABOB President Jim Winston said, "The Court expressed great frustration with the Commission for not having developed an adequate record to support its conclusion that a small business definition for 'eligible entities' was appropriate."

Winston stated, "This is the fourth time that the Court sent the Commission back to the drawing board because of its failure to develop an adequate record on the impact of its rule changes on ownership by minorities and women. I believe that it is time for the Commission to change course, and I believe it is an excellent opportunity for the industry to help the Commission."

He added, "If the industry makes a concerted effort to get tax certificate legislation adopted by Congress, it can develop a record that could change the result in two ways the next time the Commission is in front of the Court defending its ownership rules. First, in the process of getting Congress to adopt tax certificate legislation, the industry could develop a record to support a definition of eligible entities that would enable the Commission to use a race and gender conscious definition for eligible entities. Second, because the Commission has the 1978 to 1995 history of the tax certificate to rely on, the Commission could demonstrate to the Court that its implementation of a tax certificate program would have a high probability of promoting ownership of broadcast facilities by minorities and women."

Winston concluded, "Several years ago, the industry came together and attempted to get tax certificate legislation passed, but fell short because the Congressional Budget Office grossly overestimated the potential impact on federal tax revenues. I believe we can correct that error and get legislation passed this time."

Advertisement

Latest Radio Stories

NAB Urges FCC to Modernize Local Ownership Rules
National Association of Broadcasters (NAB)
National Association of Broadcasters (NAB)
The National Association of Broadcasters (NAB) has filed comments with the Federal Communications Commission (FCC) in the agency's 2022 Quadrennial Review, calling for the elimination or relaxation of long-standing local broadcast ownership limits, with particular emphasis on radio deregulation. In its More

Civic Media to Acquire WNOV 860, Milwaukee Courier
Civic Media
Civic Media
Civic Media has agreed to acquire heritage Urban News/Talk WNOV (860/106.5) in Milwaukee along with the weekly Milwaukee Courier newspaper, assuming responsibility for station programming and newspaper publication on January 1. As part of the transition, current WNOV owner Mary More

Dan Bongino to Exit FBI, Signals Return to Radio
Dan Bongino
Dan Bongino
Dan Bongino, previously one of the most prominent conservative spoken-word voices in U.S. media, has confirmed he will leave his role at the Federal Bureau of Investigation in January, a move that points to a potential return to national radio. Bongino announced his departure Tuesday on social media More
Advertisement

MIW Sets Management 101 Leadership Webinar Jan. 15
Mentoring and Inspiring Women in Radio (MIW)
Mentoring and Inspiring Women in Radio (MIW)
Mentoring and Inspiring Women in Radio (MIW) has announced an upcoming professional development webinar, Management 101: Becoming an Impactful Leader, scheduled for January 15 at 2pm ET. The one-hour interactive session will bring together senior executives from across the audio and media industry to More

Study: 76% Buy After Podcast Host Recommendations
Audacy Insights
Audacy Insights
A new study from Audacy Insights highlights the measurable impact audio creators have on consumer purchasing behavior, particularly in podcasting and radio. According to Audacy's Audio Creator Impact Study, 76% of podcast listeners say they have purchased a product or service after hearing a recommendation More

Saga Communications Repurchases 184,215 Shares
Saga Communications
Saga Communications
Saga Communications has completed a privately negotiated stock repurchase, buying back 184,215 shares of its common stock for approximately $2.1 million, or $11.50 per share. The repurchased shares represent about 2.8% of Saga's outstanding common stock, based on 6,556,621 shares More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement