PCV believes the “sleeper” FCC item is the rollback of the UHF discount rile that limited broadcast ownership. Epect a wave of potential M&A activity in the broadcast space.
April 19, 2017
Ajit Pai, the chairman of the Federal Communications Commission, is taking the next steps to unwind Obama-era rules and other regulatory efforts that had restricted the abilities of telecommunication companies and broadcasters.
With two items up for vote on Thursday that are expected to pass, Mr. Pai is carrying forward a swift Republican attack on telecom rules. The rollback will empower big telecom and media firms that have lobbied aggressively for deregulation, but consumer groups say it may also eventually put consumers at risk of higher prices and fewer options for services and media.