Many sellers underestimate how much they will need post-exit and overestimate the company’s value. In this third Deal Killers Podcast, Community Broadcasters COO Bruce Mittman, President/CEO Jim Leven and Controller Peter Henderson share their thoughts on the important topic of "unclear post-closing goals." It's another RBR+TVBR member exclusive!
"Local Talk. Classic Rock." That's the slogan used by a Class B AM with an FM translator serving one of America's most picturesque communities. The station's owner has just been handed a Notice of Violation from the FCC's Enforcement Bureau. What led a division known for busting pirate broadcasters to issue the warning to this radio station owner?
The former Special Counsel in the Competition Policy Division of the FCC's Wireline Competition Bureau has been selected as the second VP/Regulatory Affairs at the American Cable Association.
FCC Chairman Ajit Pai on Thursday attended a hearing on the FY2019 funding request and budget justification for the FCC convened by the Senate Subcommittee on Financial Services and General Government Committee on Appropriations. As a benefit to all interested parties, RBR+TVBR is pleased to provide Pai's statement delivered to the subcommittee, in full.
In early April, RBR+TVBR reported on an effort by Gray Television launched in January to get DirecTV and DISH Network to add a CBS affiliate serving eastern Kentucky. At the time, more than 2,200 filings were made in response to Gray's FCC petition. The Commission on Wednesday ruled on the matter.
Last week RBR+TVBR featured columnist Ken Benner traveled to Washington, D.C. and met with several members of Congress. The purpose of the trip: to lobby for retention of an agency the current administration may wish to do away with. It's important — one Think Tank Wonk who has an ear with another agency, the FCC, has already asked why the Commission should exist.
The FCC under Chairman Ajit Pai has made it clear that it will aggressively fight pirate radio broadcasters who have illegally set up shop on the FM dial. On April 10, the Commission got tough. Field agents, joined by US. Marshals, raided a New York City apartment and seized equipment from an unauthorized station.
Some 88 years ago, the FCC adopted its first broadcast license posting rules. Over the years, these rules were expanded to apply to then-nascent services, including FM radio and TV. Then came the internet ... but no changes to the FCC's requirements. That's poised to change in another "modernization" proposal.
Is the public comment process broken? Does the way the Federal government presently seeks input from the public fail to weed out fraud? Yes, says Democratic FCC Commissioner Jessica Rosenworcel, who slams her agency for failing to work with state authorities that found their residents' identities were stolen and then used to file public comments on Net Neutrality. Here are her comments, delivered Wednesday at a liberal-leaning D.C. think tank.
Streamlining the process for filing an FM translator interference complaint, and the remediation procedures used by the FCC to resolve such an issue, is one step closer to fruition. The Commission has issued an NPRM that will allow the public to comment before the FCC votes on its proposed changes.
With the first phase of the post-incentive auction repack rapidly approaching, licensees of full power and Class A television stations should be mindful of upcoming deadlines for notifications to multichannel video programming distributors (MVPDs), medical facilities, and viewers, Wiley Rein associate Ari Meltzer, partner John Burgett and of counsel Joan Stewart note in this report.
How long can one fight for what they believe is right? For Ed Stolz, the answer is 22 years. He's been protesting the sale of the station today known as KUDL-FM in Sacramento since February 1996. Based on a ruling made Tuesday by the FCC's General Counsel, Stolz will need to extend the long duration of his fight — or finally call it quits.
Under Chairman Ajit Pai and fueled by the passion of Republican Commissioner Michael O'Rielly, pirate radio enforcement at the FCC has been much fiercer than under the previous regime of ex-Chairman Tom Wheeler. But, the agency is limited in its financial penalties and abilities to squash a pirate once and for all. A New Jersey House Member seeks to change that.
The owner of a Class A FM to the Southwest of San Antonio received a NAL from the FCC for operating the station from an unauthorized location. Can the fine be reduced or eliminated? One of those two things just happened.
A 1939 law prohibits employees in the executive branch of the U.S. government from engaging in some forms of political activity. It's called the Hatch Act, and two leading House Energy & Commerce Committee members say all three Republican FCC Commissioners recently violated it. They want an investigation.