Policies and Rules Regarding Minority and Female Ownership of Mass Media Facilities

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The Notice of Proposed Rule Making seeks comment on a number of initiatives aimed at increasing minority and female ownership of mass media facilities. These initiatives include an incubator program whereby existing operators assist minority and female operators in purchasing facilities, an exception to the Commission's attribution rules to permit an individual to hold a larger interest in minority or female-controlled properties than is generally permissible, modifications to the Commission's existing tax certificate policy, and other mechanisms designed to facilitate minority and female ownership. The actions proposed in the Notice of Proposed Rule Making are needed to provide greater opportunities for minorities and women to become operators of mass media facilities and, where applicable, to expand their present holdings.