Under FCC Chairman Ajit Pai, “modernization” of the Commission’s media ownership rules is one of the hallmarks of his tenure as head of the agency.
Among the changes the Commission is considering is a plan largely crafted by the NAB and endorsed by Republican Commissioner Mike O’Rielly that would eliminate ownership restrictions across all markets for AM radio stations while erasing FM ownership restrictions in markets ranked No. 75 and below by Nielsen Audio.
It is known that iHeartRadio is against such changes, while other broadcasters have spoken in favor of them. Now, iHeart has an unlikely ally: musicFIRST.
RBR+TVBR OBSERVATION: There are some very valuable points made by musicFIRST that all radio broadcasting companies should consider before further consolidation transpires. Owning all of the radio stations on the AM band in New York? Owning all of the AM and FM stations in a market such as Bakersfield or Boise, Idaho? That won’t help radio better compete for dollars against local digital media. Full text below for Members Only.