What does the election mean for radio and the FCC?
Start with FCC Chairman Brendan Carr. He spent the last few months auditioning for the job. If I'm Audacy, I'm looking for another billionaire investor to replace Soros, because that will not last long. There will be an investigation, and it won't go well for Audacy.
Second, all those pesky ownership regulations will start to disappear. Ajit Pai wanted to do this 8 years ago, and now there will be no roadblocks.
As far as AI, don't look to the FCC for regulations. The new FCC won't be looking for ways to control it.
Generally speaking: Mergers and acquisitions are back. Big media will get bigger. News will become smaller. No more government funding for public radio. That's just the beginning.
Start with FCC Chairman Brendan Carr. He spent the last few months auditioning for the job. If I'm Audacy, I'm looking for another billionaire investor to replace Soros, because that will not last long. There will be an investigation, and it won't go well for Audacy.
Second, all those pesky ownership regulations will start to disappear. Ajit Pai wanted to do this 8 years ago, and now there will be no roadblocks.
As far as AI, don't look to the FCC for regulations. The new FCC won't be looking for ways to control it.
Generally speaking: Mergers and acquisitions are back. Big media will get bigger. News will become smaller. No more government funding for public radio. That's just the beginning.