FCC Sets Symposium On Accessing Capital For Ownership

The FCC has announced a symposium on Media Ownership and Sustainability on November 6, 2020, from 9:00 a.m. to 5:00 p.m., EST. The symposium will examine access to capital for small and diverse broadcasters. 

The event will be convened virtually via WebEx and will be available to the public streaming via the Internet at www.fcc.gov/live. The symposium will feature broadcasters and lenders discussing how to obtain financing for broadcast station transactions in today’s challenging financial circumstances, as well as experts discussing the history of the previous broadcast tax certificate policy and the potential for a new tax certificate policy to increase broadcast ownership diversity. The symposium will also include presentations from Nielsen Global Media on ratings measurements for multi-ethnic broadcast stations, and a discussion of how small and diverse broadcasters can attract increased advertising revenue. Finally, Congressional staff members will provide updates on pending legislation intended to increase diverse media ownership.

Open captioning will be provided for this event. Other reasonable accommodations for people with disabilities are available upon request. Requests for such accommodations should be submitted via e-mail to fcc504@fcc.gov or by calling the Consumer & Governmental Affairs Bureau at (202) 418-0530 (voice), (202) 418-0432 (TTY).  

More information about the ACDDE is available at https://www.fcc.gov/advisory-committeediversity-and-digital-enpowerment. You may also contact Jamila Bess Johnson, the Designated Federal Officer for the Advisory Committee on Diversity and Digital Empowerment, at (202) 418-2608, or Jamila-Bess.Johnson@fcc.gov, or Julie Saulnier, Deputy Designated Federal Officer, at (202) 418-1598, or Julie.Saulnier@fcc.gov; or Jamile Kadre, Deputy Designated Federal Officer, at (202) 418-2245 or Jamile.Kadre@fcc.gov.