.
Beyond that, the FCC is not the “agent of change” needed to enhance minority ownership of radio or TV. If anything, changes in SBA and related agency rules are needed.
And the SBA for a long time has not financed stations due to the high portion of intangibles that make up the price of a station. That applies to anyone, ethnicity or gender being irrelevant
KBLA is a terrible example, though. It is about horrible dog station, with a dreadful and restrictive directional pattern. It is at the end of the AM dial where nearly nobody goes any longer, and it is an AM to begin with.There are lots of factors involved in purchasing stations that are often unavailable to minorities. One is access to funding. SBA loans aren't available to buyers of radio stations. That's one thing the FCC hasn't been able to understand. Now it won't matter anymore. It's been interesting watching the way Tavis Smiley has been handing the funding of KBLA. It's unconventional, and fortunately he's working with a seller who is working with him.
Beyond that, the FCC is not the “agent of change” needed to enhance minority ownership of radio or TV. If anything, changes in SBA and related agency rules are needed.
And the SBA for a long time has not financed stations due to the high portion of intangibles that make up the price of a station. That applies to anyone, ethnicity or gender being irrelevant