On April 23, the Federal Trade Commission (FTC) voted on a final rule banning most noncompete provisions in employment contracts. The rule is set to go into effect on September 4, 2024.
How does the rule affect broadcasters? As of the effective date, broadcasters will be prohibited from entering into noncompete agreements with their employees. Broadcasters also may not enforce existing noncompete agreements with employees, except for “senior executives.” The rule also requires employers to notify employees that their noncompetes are unenforceable by the effective date.
🖥️ Learn more: On May 14 at 11 a.m. ET, the FTC will host an online webinar that will provide an overview of the rule and information on how to comply with the rule after its effective date.
What’s next? The U.S. Chamber of Commerce and others have filed lawsuits in federal court challenging the FTC’s authority to issue the rule. The Chamber has also sought an order delaying the effective date of the final rule pending resolution of the litigation.
Stay tuned: NAB will continue to monitor the legal challenges and their impact on the effective date of the rule in the coming months.
2. NAB Hires New Public Policy Expert
Kirsten Donaldson has joined NAB as vice president of Public Policy.
NAB Executive Vice President, Government Relations Shawn Donilon: “Kirsten’s extensive experience in copyright law and technology policy will be instrumental to broadcasters as we work with policymakers to level the playing field and allow us to fairly compete by holding all media to the same set of rules. We are excited to welcome her to the NAB team.”
3. NAB Leadership Foundation Partners with For A Bright Future Foundation
The NAB Leadership Foundation announced a groundbreaking partnership with the Foundation For A Bright Future (FABF), a nonprofit organization dedicated to supporting underprivileged and underrepresented children.
The big picture: This partnership will create a distinctive educational journey for students by leveraging these organizations' shared missions. Through this partnership, students will gain exposure to cutting-edge technologies in the media industry and develop valuable leadership skills, paving the way for sustainable employment opportunities.
NAB Leadership Foundation President Michelle Duke: “Facilitating internships at television and radio companies are the cornerstones of our academic programs, and it synchronizes beautifully with FABF’s goal of placing diverse talent in the world of creative arts and media. It’s an exciting time for our two foundations to work together.”
Winners will be announced during a special dinner program on October 9, 2024 at the Javits Center during NAB Show New York, held October 9-10.
✏️ Get started: All nominations must be submitted through the NAB member portal. The complete list of entry rules and qualifications can be found here.
Refresh your station’s public service announcement creative at NAB’s Spot Center, a destination for local radio and television broadcasters seeking public educational materials from credible organizations.
New :15, :30 and :60 English TV spots from the USO highlight the organization’s important mission “For The People Who Serve,” telling the stories of active servicemembers and military families.
You can also find military and veteran-focused spots for TV or radio from American Humane Society, Operation Homefront, Paralyzed Veterans of America and the Veterans Administration.
6. NAB Member Benefit: Legal Hotline
NAB members have access to a wide array of cost-saving benefits, including the NAB Legal Hotline, where you can speak with an expert from our Legal team.
The NAB Legal team can be reached at (866) 682-0276 or legal@nab.org.
Visit nab.org/membership to learn more about NAB member benefits and resources.
7. NAB on the Move
NALEO Educational Fund hosted a summit at NAB titled Defiende La Verdad Summit for Latino Media Professionals. The event brought together Latino media professionals to address the challenges they face in providing Latino communities with trusted and factual information, including artificial intelligence. Speakers shared their expertise and experiences with fighting misinformation, disinformation and malinformation. Pictured here are Liliana Rañón, vice president, External Affairs, NAB; Arturo Vargas, president and CEO, NALEO and Yadira Sanchez, executive director, Poder Latinx.
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