Greg Guy on FCC Ownership Review and NEXTGEN TV Momentum

On September 30, the FCC moved to launch the long-delayed 2022 Quadrennial Review of national media ownership regulations. Plans intended to “speed the transition” to NEXTGEN TV were also positioned for approval, depending on whether the FCC’s October Open Meeting would proceed uninterrupted amid potential government funding issues.

Industry watchers see signs of a shift in the Commission’s approach to local ownership and a quicker path toward broader ATSC 3.0 adoption by television groups. This wave of regulatory activity has captured the attention of media brokers. According to Greg Guy, founder and managing partner of Tideline Partners, the most notable development from a brokerage standpoint is the possibility of loosening radio ownership limits, which could reshape future transaction opportunities in the industry.

Source: Read the full article at Radio and Television Business Report