Revision of Radio Rules and Policies

Resumen

In the Second Memorandum Opinion and Order (Second Reconsideration Order), the Commission revises the national radio ownership limits to permit minority broadcasters to own a controlling interest in up to 25 AM and 25 FM stations, and to permit non-minority broadcasters to hold a non-controlling interest in an additional five AM and five FM stations over the general national limits that are controlled by minorities or small businesses. The Commission declines to revise its local radio ownership limits or its rules and policies regarding time brokerage. The actions taken in the Second Reconsideration Order, in conjunction with the other actions taken in this proceeding, are needed to permit radio broadcasters to combine resources, as well as to provide greater opportunities for minority and small business broadcasters.