FCC Eyes Radio Station Ownership as Next Deregulation Target

Feb. 11, 2019, 9:46 AM

The Federal Communications Commission is weighing a radio industry proposal to roll back its AM and FM station ownership limits, potentially reshaping a sector that’s competing with online music services and facing stagnant advertising revenue.

Easing the rules may allow the biggest radio station owners—iHeartMedia Inc., Entercom Communications Corp. and Cumulus Media Inc.—to control entire markets in some parts of the country. Broadcasters are pushing for the change to help them contend with the rise of audio streaming services such as Spotify Technology S.A. and Sirius XM Holdings Inc.'s Pandora, as well as tech giants such as Amazon.com Inc. and ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.