Re: KGMB - KHNL - KFVE "shared services agreement"
Here posted from KGMB's own website:
Media Council to Challenge Raycom Deal
Written by KGMB9 News - news@kgmb9.com
September 04, 2009 02:51 PM
The Media Council is planning to challenge the Raycom deal involving KGMB, KHNL and KFVE to the FCC.
The group has retained the Institute for Public Representation, based at Georgetown Law, to prove its stance that the agreement is "nothing more than a thinly veiled attempt to avoid regulatory scrutiny by the FCC and that Raycom will exercise control over all three stations in defiance of the FCC ownership rules."
Raycom made the announcement of the shared services deal August 18. Under the agreement, the three stations will merge news, as well as other operations.
Raycom Media retains ownership of KHNL/K5, while KGMB will still be owned by MCG Capital Corporation.
"Stations are granted licenses to serve the public interest in the communities they serve. This arrangement will reduce diversity of opinion, create canned newscasts, increase advertising rates, strangle independent programming, and raise barriers to any who wish to enter the market," said Chris Conybeare, president of MCH.
Here posted from KGMB's own website:
Media Council to Challenge Raycom Deal
Written by KGMB9 News - news@kgmb9.com
September 04, 2009 02:51 PM
The Media Council is planning to challenge the Raycom deal involving KGMB, KHNL and KFVE to the FCC.
The group has retained the Institute for Public Representation, based at Georgetown Law, to prove its stance that the agreement is "nothing more than a thinly veiled attempt to avoid regulatory scrutiny by the FCC and that Raycom will exercise control over all three stations in defiance of the FCC ownership rules."
Raycom made the announcement of the shared services deal August 18. Under the agreement, the three stations will merge news, as well as other operations.
Raycom Media retains ownership of KHNL/K5, while KGMB will still be owned by MCG Capital Corporation.
"Stations are granted licenses to serve the public interest in the communities they serve. This arrangement will reduce diversity of opinion, create canned newscasts, increase advertising rates, strangle independent programming, and raise barriers to any who wish to enter the market," said Chris Conybeare, president of MCH.
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