A report from Politic365 this week had an interesting interview with Federal Communications Commissioner Ajit Pai. In it he noted that the FCC should revisit how the agency allocates resources to minority and foreign broadcasters:
“It’s time for us to revisit this limitation and make sure that we are giving minority broadcasters and all broadcasters a full range of financial options that enable them to keep their operations afloat and to thrive,” Pai said.
He also lauded the Minority Media and Telecommunication Council’s (MMTC) comments regarding how a foreign investor’s capital infusion into local broadcast stations poses no more threat to national security and poses no more risk than a foreign investment in U.S. telecommunications infrastructure.
“Foreign companies can make a major investment in cable companies, telephone companies, and wireless companies, but they can’t make a similar investment in a broadcast company,” Pai said. “I think it is important for the FCC to try and remove any barriers that it can identify to allowing broadcasters, especially minority broadcasters, to get capital that’ll help them stay afloat.”
To read the rest of Pai’s comments and more on this topic read the post at Politic365 here.
[Image Via JPederson1]
Sara Inés Calderón is a journalist and writer who lives between Texas and California. Follow her on Twitter @SaraChicaD.
