FCC Market Report Should Conclude Radio Faces Much Competition: NAB
Music industry complaints about performance rights and MVPD objections to retransmission consent shouldn’t have any bearing on whether the FCC should revise broadcast ownership rules, NAB replied on the FCC report on communications industry competition filed in docket 20-60 Thursday.…
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COVID-19’s “massive blow to the advertising market and the revenues of local radio and TV stations” makes ownership rule relaxation “more important and urgent than ever,” NAB said: Conclude radio stations face strong competition in advertising and “recognize the proliferation of audio and video content providers and digital advertising platforms.”