Monday, December 21, 2009

Message from David O'Connor about upcoming FCC media ownership workshop

The Media Bureau has announced it will hold its next media ownership workshop on January 12, 2010 at 9:00 a.m. in the Commission Meeting Room as part of the Commission’s 2010 quadrennial review proceeding. The workshop will focus on the current financial and economic conditions and marketplace factors affecting the media industry and how the FCC should take these into account as it conducts its review process.

Specifically, the forum will examine whether:

-- The media ownership rules affect the financial health of broadcasters

-- Lending or investing institutions consider the rules in their funding practices

-- Economic changes affecting the media marketplace are cyclical or permanent

-- There is a need to balance financial conditions in the media industry with other policy goals when conducting the Commission’s ownership review and, if so, how that should be done

The workshop will also explore how new media are affecting broadcasters, the lending and investment practices in traditional media, and how market size affects financial issues related to broadcasting.

The forum will consist of two panels. The first will be comprised of smaller broadcasters, or broadcasters that compete in smaller markets, and representatives of financial institutions that serve them.

The second panel, consisting of larger broadcasters or broadcasters that compete in the larger markets, will also include representatives from financial institutions that serve these broadcasters.

See the links below for additional information.

MEDIA BUREAU ANNOUNCES MEDIA OWNERSHIP WORKSHOP ON FINANCIAL ISSUES.News Release. (Dkt No 09-182 ). News Media Contact: Mania Baghdadi or Amy Brett at (202) 418-2330 MB . Contact Janice Wise at (202) 418-8165

David A. O'Connor
Wilkinson Barker Knauer, LLP
2300 N Street, NW
Suite 700
Washington, DC 20037
Direct: 202-383-3429
Main: 202-783-4141
Fax: 202-783-5851

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