Those of you hoping to own more radio stations so you could compete on a more level playing field with digital will have to wait a little longer. On Thursday, the FCC announced specifics on Chairman Pai’s plan to change the commission’s Media Ownership Rules and the radio caps will stay the same.
The high-end number of radio stations broadcasters can own will remain at eight. Under the current rule, the total number of radio stations that may be commonly owned in a local radio market is tiered, depending on the total number of stations in the market. The example most commonly used is: in markets with 45 or more stations, one company can own no more than eight stations, no more than five of which may be in the same service (AM or FM).
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