FCC Launches Major Review of Radio Ownership Rules
The Federal Communications Commission (FCC) has initiated a comprehensive review of local radio ownership rules in the United States. The 2022 Quadrennial Review, mandated by Congress every four years, will examine the broader media landscape, considering the impact of non-broadcast audio sources like audible and social media platforms such as facebook marketplace on the audio marketplace.
The FCC, led by Chairman Brendan Carr, aims to deregulate radio ownership further. The review will consider changes to radio market caps, potentially leading to more ownership consolidation. Critics argue that the current caps, established by Congress in 1996, are outdated and no longer serve their intended purpose.
The FCC will examine the broader media marketplace, treating broadcast radio and television as interconnected rather than isolated markets. This approach reflects the evolution of media consumption and the rise of digital platforms like audible and facebook marketplace. The FCC seeks public comment on whether to retain, modify, or eliminate existing ownership rules.
The National Association of Broadcasters has proposed eliminating all restrictions on radio station ownership in smaller markets. However, the FCC's final decisions will depend on the feedback received during the public comment period.
The FCC's 2022 Quadrennial Review marks a significant step in evaluating and potentially updating local radio ownership rules. The review began with a unanimous 3-0 vote from FCC commissioners, indicating a bipartisan commitment to examining the modern audio marketplace. The outcome of this review will shape the future of radio broadcasting in the United States.
