The FCC is planning a huge givaway to huge networks while ignoring public interest
Now they oppose the FCC requiring new public interest obligations as part of the digital give-away.2 As for broadcasters being in financial harm, the four companies controlling the major broadcast networks generated more than $23 billion in 2002, with TV industry revenues almost $34 billion.3 With this impending FCC decision, the broadcast networks and station groups would also receive a new form of “digital retransmission consent” that would bring them billions of dollars worth of additional cable channels as well.
Now they oppose the FCC requiring new public interest obligations as part of the digital give-away.2 As for broadcasters being in financial harm, the four companies controlling the major broadcast networks generated more than $23 billion in 2002, with TV industry revenues almost $34 billion.3 With this impending FCC decision, the broadcast networks and station groups would also receive a new form of “digital retransmission consent” that would bring them billions of dollars worth of additional cable channels as well.
