FCC Submits LPFM Impact Report to Congress
Jan 6, 2012 5:15 PM
Washington - Jan 5, 2012 - The Local Community Radio Act of 2010 (LCRA), signed into law by President Obama on Jan. 4, 2011, seeks to expand licensing opportunities for low-power FM (LPFM) stations. Section 8 of the LCRA requires the FCC to conduct an economic study assessing the effect that LPFM stations will have on full-service commercial FM stations and to submit a report to the appropriate Congressional committees on the study by Jan. 4, 2012.
The FCC Media Bureau conducted an economic study, entitled �Economic Study of the Impact of LPFM Stations on Full-Service Commercial FM Stations.� In a summary, the FCC says LPFM stations do not currently have, and in the future are unlikely to have, a demonstrable economic impact on full-service commercial FM radio stations.
The Economic Study is comprised of four sections: A description of LPFM, summary of findings including case studies of eight LPFM stations, overview of the legal and regulatory background, and a summary of the public comments.
Read the report at the FCC website.
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