President Barack Obama’s announcement Wednesday he was installing Richard Cordray as head of the new Consumer Financial Protection Bureau through a “recess appointment” could have big implications for the FCC. Industry and government officials said the resulting blow up over the Cordray appointment could provoke Senate Republicans to hold up votes on other nominees, and FCC nominees Jessica Rosenworcel and Ajit Pai could get caught in the crossfire.
Low-power radio has little economic impact on full-service stations in the same market, an FCC study for Congress said. The study of all 835 “active” U.S. low-power FM stations -- which compares to 6,468 full-service commercial stations -- pointed to LPFM outlets’ low listenership figures. It also found low LPFM revenue figures and listed regulatory obstacles that limit coverage areas. Half the portion of LPFM stations have websites as do commercial full-power FM broadcasters, which are three times more likely to stream their audio online, the Media Bureau analysis said.
President Barack Obama’s announcement Wednesday he was installing Richard Cordray as head of the new Consumer Financial Protection Bureau through a “recess appointment” could have big implications for the FCC. Industry and government officials said the resulting blow up over the Cordray appointment could provoke Senate Republicans to hold up votes on other nominees, and FCC nominees Jessica Rosenworcel and Ajit Pai could get caught in the crossfire.
Media association heads grabbed the top three spots in our survey of non-profit group salaries. The field was led by RIAA President Cary Sherman at nearly $3.2 million. He was followed by former NCTA President Kyle McSlarrow at nearly $2.7 million and NAB ex-President David Rehr at $2.5 million. All figures are based on the groups’ most recent tax returns -- 2009 except where noted.
Media association heads grabbed the top three spots in our survey of non-profit group salaries. The field was led by RIAA President Cary Sherman at nearly $3.2 million. He was followed by former NCTA President Kyle McSlarrow at nearly $2.7 million and NAB ex-President David Rehr at $2.5 million. All figures are based on the groups’ most recent tax returns -- 2009 except where noted.
Media association heads grabbed the top three spots in our survey of non-profit group salaries. The field was led by RIAA President Cary Sherman at nearly $3.2 million. He was followed by former NCTA President Kyle McSlarrow at nearly $2.7 million and NAB ex-President David Rehr at $2.5 million. All figures are based on the groups’ most recent tax returns -- 2009 except where noted.
AT&T and T-Mobile both face some tough decisions in the aftermath of their failure to consummate their merger. AT&T’s proposed buy of its smaller rival has preoccupied both companies since March, before it was officially ended Monday. AT&T had been soldiering on for almost four months after the Justice Department sued to block the deal in a surprisingly quick decision Aug. 31.
Verizon Wireless asked the FCC to approve its buy of 122 AWS licenses from cable consortium SpectrumCo, a $3.6 billion deal unveiled Dec. 2 (CD Dec 5 p5). Verizon’s filing makes a case for why approval would be in the public interest. But some critics have emerged who hope the FCC will block the deal as a step away from a competitive wireless market.
Cox Communications agreed to follow three cable peers and sell AWS spectrum licenses to Verizon Wireless. Also like the carrier is doing with Bright House Networks, Comcast and Time Warner Cable (CD Dec 5 p5), Verizon Wireless and Cox will promote and market each other’s service. The agreements take off the table another chunk of AWS spectrum and come at a per-MHz/POP price that appears lower than what Verizon Wireless agreed to pay the SpectrumCo members for their AWS licenses. Foes of industry consolidation said the deals are beginning to raise competition concerns.
AT&T’s buy of T-Mobile is officially on hold, after U.S. District Judge Ellen Huvelle agreed to stay the Justice Department’s lawsuit against the deal until Jan. 18. AT&T and DOJ jointly sought the delay in a motion filed Monday. Huvelle acted quickly, issuing an order putting off other deadlines in the case and scheduling the next status conference in her courtroom on that date. DOJ and AT&T were due back in court Thursday.