Radio waves.(US radio broadcasting industry)

From: Reason | Date: June 1, 1999| Author: Walker, Jesse | Copyright information

The FCC plans on legalizing micro radio operators in hopes of gaining more control over the industry. The National Assn of Broadcasters is lobbying to stop the FCC plan. Large radio stations are also on a buyout spree to counteract competition posed by micro stations.

American radio is very capitalist, in the crude sense of the word: The industry is a busy bazaar, rife with deal making, speculation, and scrappy hustlers trying to get rich quick. It is also very socialist, in the ...

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