Joint Sales Agreement Fcc

On March 12, 2014, the FCC Media Bureau announced that it would continue to analyze television channel transactions that include sharing agreements, particularly those with a purchase option “likely to counter any inducement of the licensee to increase the value of the channel, as the underwriter is unlikely to recognize this increased value.” [88] Under the new provisions, broadcasters must demonstrate in their transaction requests how such transactions would serve the public interest. [88] The National Association of Broadcasters (NAB), which, with broadcaster groups such as Sinclair Broadcast Group, rejected the proposal to ban JAS, presented a compromise proposal in which the licensee would have control of at least 85% of the channel`s programming in a sharing agreement, held at least 70% of advertising revenue and “would retain at least 20% of the value of the channel in the licence itself”. [89] FCC Commissioner Ajit Pai and NAB President Gordon Smith also opposed the new rules on joint sales contracts, arguing that they would prevent minority ownership of minority companies on television channels. [82] [90] However, Tom Wheeler proposed the restrictions, in the hope of encouraging more women and minorities to make their own channels, due to the continued consolidation of the television industry through corporate mergers and sharing agreements. [91] In a 2005 Canadian litigation Rogers Media and Newcap Broadcasting entered into a joint sale contract for CHNO-FM in Sudbury, Ontario, standing up, but community interests and the lobby group Friends of Canadian Broadcasting provided the Canadian Radio and Telecommunications Commission with essential evidence that it was in practice a de facto LMA that went far beyond advertising sales in the production of programs and the gathering of New. MMAs in Canada cannot be implemented without CRTC approval, in early 2005, the CRTC ordered the termination of the agreement. [133] In February 2001, Citicasters, a subsidiary of Clear Channel Communications, was fined $25,000 for using time mediation contracts and disputes for unlawful control of radio station WBTJ (101.9 FM, now WYLR). The company had also been the target of complaints about the use of KFJO (FM) for the broadcast of KSJO after selling KFJO in nominal terms in minority stakes. [66] [67] [68] [69] According to the structure of the outsourcing agreement, how the mediation station is programmed, how stations are consolidated and the number of information programs may vary in the mediation station, for example: on March 31, 2014, the FCC voted 3 to 2 to approve the proposed ban on joint sales agreements and voted 5 to 0 in favour of the proposed ban on coordinated broadcasting negotiations between two of the four most highly rated channels in the same market; the JSA ban came into effect on 19 June 2014. [92] As part of the restrictions, the FCC would decide to grant waivers to maintain selected existing JSAs within 90 days of filing the application.

The FCC also initiated a request for advice on directives on other agreements, such as common service agreements.B. [2] [3] [93] The ban on television EMISSIONS had already been proposed in 2004, a year after the FCC had voted to treat JSAs as a radio duopoly. Despite this fact, broadcasters have criticised the ban, criticized the Commission for using it as a step to encourage participation in a spectrum price auction, due to take place in 2015, and said the ban would put them at a disadvantage in negotiations to approve the broadcast with pay-TV operators. [94] [95] Public interest organizations have rejected the use of LMAs for virtual duopoly that circumvents FCC rules because of their effects on the broadcasting industry, particularly the results of consolidation resulting from the improper use of LMAs. [10] [11] In markets where duopoly is not legally possible, a company may choose to build one by purchasing a station`s “non-concessional” assets (t