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

Salem Media Goes Private Following WaterStone Deal
Salem Media
Salem Media
Salem Media has completed its acquisition by The Christian Community Foundation, Inc., doing business as WaterStone, taking the Christian and conservative media company private. WaterStone acquired all outstanding shares of Salem Media common stock for $1 per share, representing approximately a 250% premium More

Court Denies Nielsen Rehearing Bid in Cumulus Case
Nielsen and Cumulus Media
Nielsen and Cumulus Media
The U.S. Court of Appeals for the Second Circuit has denied Nielsen's request for rehearing in its legal battle with Cumulus Media, leaving intact the court's earlier ruling in favor of the broadcaster. In a one-page order issued August 18, the court denied Nielsen's petition for both panel rehearing and More

K-Love Names Evan Masyr as Chief Financial Officer
Evan Masyr
Evan Masyr
K-Love Inc. has appointed longtime Salem Media Group executive Evan Masyr as Chief Financial Officer, effective September 14. He will oversee the nonprofit media organization's accounting, finance and tax departments and serve on its Ministry Leadership Team. Masyr joins K-Love after more than 26 years More
Advertisement

Joel Oxley to Receive NAB National Radio Award
Joel Oxley
Joel Oxley
Hubbard Radio Washington, DC President and General Manager Joel Oxley will receive the 2026 NAB National Radio Award, recognizing his more than three decades of leadership in the radio industry. The NAB announced the honor Thursday on National Radio Day. Oxley will receive the award during the 2026 NAB More

News, Comedy Drive Triton Q2 Podcast Rankings
Triton Digital
Triton Digital
Comedy maintained its position as podcasting's largest category during the second quarter, while news programming posted the strongest audience growth as listeners turned toward political content ahead of the midterm elections, according to Triton Digital's Q2 2026 U.S. Podcast More

FCC Approves Cumulus Post-Bankruptcy Ownership Transfer
Cumulus Media
Cumulus Media
Cumulus Media has cleared a major regulatory hurdle toward emerging from Chapter 11 bankruptcy, with FCC records showing the broadcaster's applications to transfer control of its licenses to its post-reorganization shareholders have been granted. The approval follows an August 14 letter from Cumulus 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