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PostPosted: Sat Jul 14, 2018 1:58 am 
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Joined: Tue Jul 19, 2011 3:45 am
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Smulyan Favors More Deregulation

Another CEO is on record in favor of deregulation. The issue will be voted on by the FCC — although the time frame is unknown — when the Commission looks into broadcast ownership rules as part of its 2018 quadrennial review. During his earnings call Thursday, Emmis CEO Jeff Smulyan said despite concerns that deregulation would lead to some of the challenges radio is now having, he believes the industry needs more consolidation. Here’s why…

Smulyan said the notion of more deregulation today is attractive. “I don’t know if more stations is automatically a panacea. I do believe that this is an industry that needs more capital and deregulation will attract more capital. Also it may provide more efficiencies so we’re not just competing with the radio station across the street, we’re competing with Google and Amazon. Having more scale in the world that we’re in today, I think is helpful.

https://radioink.com/2018/07/13/smulyan ... egulation/


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