FCC to grant owner of every TV station another license free
Article Abstract:
The US Federal Communications Commission (FCC) plans to grant $1 billion in free licenses to 1,700 new television stations to current television station owners, not to new applicants. The FCC feels this move will bolster the emergence of the high-definition television (HDTV) industry in all its facets, especially for broadcasters. Each television station would be granted a second channel on which to broadcast HDTV programming. HDTV has garnered support in Washington due to the belief that it will be a major factor in the global electronics industry. FCC regulation has slackened since 1989, before which television stations had to vie for precious transmission frequencies. Since 1989, the FCC has been led by Alfred Sikes, who is paving the way for HDTV with the giveaway plan. Broadcasters argue that the plan is fair, since they must compete with cable companies now, but critics see the plan as unfair and a potential cause of loss of revenue to the government.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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U.S. looks into global radio network using satellites
Article Abstract:
The US Department of Commerce, Information Agency and NASA are devising a government policy for direct satellite radio communication. This international communications system would involve a cooperative effort between private industry, owning the radio stations and satellites in the US, and the federal government, owning the satellites covering foreign countries. The aim is to have a global network based on a $1 billion satellite system operational by the year 2000, broadcasting advertising, information and music programs. US broadcasters are concerned about a shortage of frequencies and the current administration does not favor government support of commercially oriented technologies. Also, new radio technology is needed to receive direct satellite broadcasts. Two advantages are the high quality sound possible through digital transmission and access to foreign markets by US advertisers and broadcasters.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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