When the NAB caught wind of Wheeler’s fact sheet, the trade organization representing radio and TV was not happy. NAB Executive Vice President of Communications Dennis Wharton said, “It is shocking that regulators who bless mammoth mergers like AT&T/DirecTV and Charter/Time Warner Cable would still bar common ownership of two TV stations or broadcast/newspaper combinations in a local market.” Here’s the full NAB statement…
“We’re disappointed that Chairman Wheeler continues to ignore the will of both the courts and Congress by proposing to retain broadcast ownership rules that long ago outlived their usefulness. It is shocking that regulators who bless mammoth mergers like AT&T/DirecTV and Charter/Time Warner Cable would still bar common ownership of two TV stations or broadcast/newspaper combinations in a local market. Ultimately, NAB hopes the five-member FCC, Congress, or the courts end this indefensible FCC charade, and that meaningful ownership reform is adopted for the benefit of the millions of Americans reliant on free and local broadcasting.”
Because consolidation has served the radio industry so well…..