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Wednesday, December 23, 2015

The 1996 Telecom Act - 20 Years Later

The 1996 Telecom Act - 20 Years Later
Dec 22nd 2015, 21:11
The debate rages on to this day. There are those that believe deregulation and consolidation ruined radio, homogenized its sound and killed jobs. Others still argue that more deregulation is needed and national scale is important for radio to compete with more competition for the eyes and ears of the consumer than ever before. There is one important point that seems to get overlooked when debating 1996. That is that there were a great many radio stations in financial peril. They were all over America and they were barely surviving. The Telecom Act enabled a lot of those stations to be sold and bundled into clusters where expenses could be reduced and signals saved. READ MORE