search query: @journal_id 693 / total: 86
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| Author: | Stavitsky, A. |
| Title: | The Rise and Fall of the Distress Sale |
| Journal: | J. of Broadcasting and Electronic Media
1992 : Summer, VOL.36, p.249-266 |
| Index terms: | |
| Freeterms: | Minority ownership, Program diversity, Commercial stations |
| Language: | eng |
| Abstract: | The Federal Communications Commission's (FCC) distress sale policy allows broadcasters in danger of losing their licenses to sell the stations to minority group buyers at up to 75% of the market value. It was meant to increase minority ownership in broadcasting, but the distress sale remained ineffective. The resons for its lack of impact are discussed. |
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