In the name of helping broadcasters better compete with Big Tech, Sen. Rand Paul (R-Ky.) has introduced a bill that comprises a broadcaster wish list of deregulatory moves.
But unless Republicans can take over both houses of Congress in the midterm election, the bill is unlikely to get traction.
The Local News and Broadcast Media Preservation Act of 2022 would invalidate the FCC's current multiple station ownership limits and prevent the FCC from restoring the prohibition on common ownership of broadcast properties and newspapers.
In November 2017, a politically divided FCC voted to eliminate the newspaper-broadcast and the radio-TV cross-ownership rules, but if the FCC ever gets a Democratic majority -- currently it is tied 2-2 -- Republicans fear that prohibition could return.
Paul's bill would also mandate that mergers among broadcasters not be considered to lessen competition or create a monopoly, or as Paul put it in a press release, "would allow local broadcast companies to merge without government interference to allow those broadcasters to better compete against these tech giants."
The bill would also incorporate an ongoing effort, Paul was co-sponsor of the Journalism Competition and Preservation Act (JCPA), to give broadcasters an antitrust exemption to collectively negotiate with online content distributors for compensation for the online use of broadcasters' valuable local news content. ■
