Look for the FCC soon to launch a wide-ranging notice of
inquiry (NOI) on media ownership regulations.
FCC Chairman Julius Genachowski signaled as much in a Senate
Commerce Committee hearing Thursday (April 15), and sources confirm the
proposed inquiry is currently being vetted by the FCC commissioners.
The NOI is described as broad and extensive--a 35-page
document--that tees up different ways to measure ownership, including by
looking at how the FCC has dealt with diversity and competition and localism in
It also notes that there are separate localism, diversity
and future of journalism proceedings going on at the same time, said a source,
and instructs commenters in those proceedings that if they file in this
proceeding "make the connection to ownership structure."
The inquiry is part of the FCC's congressionally-mandated
quadrennial review of its ownership regulations. "At this point, it looks
like they have asked lots and lots of questions from lots and lots of
perspectives," said an FCC source who has read parts of the document.
"What I have read so far is reasonably neutral and balanced."