WASHINGTON, D.C. — The fight in Congress over whether to renew or let expire the Satellite Television Extension and Localism Act (STELAR) is reaching fever pitch.
At the center of the dispute is STELAR’s compulsory license, which permits satellite providers to retransmit some broadcast signals at regulated prices without consent.
Cutting to the chase, Phoenix Center Chief Economist Dr. George Ford summarizes a central economic question at issue: Should broadcasters get to charge whatever retransmission fee the market will bear?
