An FCC rulemaking on eliminating the UHF ownership...
An FCC rulemaking on eliminating the UHF ownership discount shouldn’t reach a conclusion about grandfathering in pending deals, Free Press said in an ex parte letter released Friday (http://bit.ly/14AqA63). “There is no mistake that licensees have been on notice of…
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potential changes to this rule for nearly [a] decade now,” the filing said. Free Press said it’s “appropriate” for the commission to seek comment on grandfathering transactions in the NPRM, which is set for the commission’s open meeting agenda Friday (CD Sept 10 p5). However, the agency should eliminate the discount and its NPRM should leave the question of pending transactions open, Free Press said. “The UHF discount is in large part a way to evade the national ownership limits set by Congress,” Free Press said.