Does the “GAFAN” group — Google, Amazon, Facebook, Apple and Netflix — truly compete against broadcast radio and television in a manner that has resulted in making 23-year-old local ownership rules antiquated and, perhaps, media ownership evermore difficult to achieve profitability?
While there’s much to debate regarding whether broadcast media’s ills are self-inflicted or if local digital’s assault on radio and TV by an under-regulated pack of social conquistadors is what’s hampering growth, the NAB has made it clear that it is the latter that warrants further deregulation of local media ownership rules.
