FCC Video Role May Decline, Says O'Rielly as He Swipes at DOJ
Expect to see the FCC playing a diminishing role in video regulation, with the boom of over-the-top delivery, and that's good, said Commissioner Michael O'Rielly. Such direct-to-consumer video offerings "rightfully [bypass] stodgy, outdated FCC regulations," he told the Media Institute…
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Wednesday, also seeking less regulation of other industries. His prepared remarks (see 2007290072) were later posted. OTT is giving "a rare look into an almost completely unregulated free market," and the evidence shows less regulation leads to a bigger overall market for content production and distribution and more access and lower prices for consumers, O'Rielly said. DOJ has failed to take a properly expansive view of relevant advertising market participants, ignoring how some tech companies are grabbing a bigger share of local ads and not considering nonbroadcast ad sales when stations in a market want to combine, O'Rielly said. Justice didn't comment Thursday.