WASHINGTON -- In response to the FCC's adoption of an order modernizing broadcast media ownership regulations, the following statement can be attributed to NAB President and CEO Gordon Smith:
“NAB thanks the FCC for voting today to reform outdated broadcast media ownership rules. These rules are not only irrational in today’s media environment, but they have also weakened the newspaper industry, cost journalism jobs and forced local broadcast stations onto unequal footing with our national pay-TV and radio competitors. We are grateful the Commission has adopted a common-sense approach to media regulations that will foster innovation, reinvestment in investigative reporting and better service to our tens of millions of listeners and viewers.”
About NAB
The National Association of Broadcasters is the premier advocacy association
for America's broadcasters. NAB advances radio and television interests
in legislative, regulatory and public affairs. Through advocacy, education
and innovation, NAB enables broadcasters to best serve their communities,
strengthen their businesses and seize new opportunities in the digital
age. Learn more at www.nab.org.