Word: fcc
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...company that sells a cable system to a partnership controlled by a minority can qualify to defer its capital gains on the sale indefinitely. The law was designed to encourage minority ownership of broadcast properties, a fact Washington knows better than most. He wrote the original policy at the FCC in the late 1970s and since then has secured the tax break for five similar transactions. Those deals have made him rich, and the new deal will make him much richer. He may more than double his $2 million investment in just three or four years--if the deal goes...
...City Council last night discussed working with the NYNEX corporation and the FCC to bring cable television competition to Cambridge...
...yards away from a radio transmitter. In a sense, it is like Wigglesworth residents and their troubles with the subway underneath. We do everything we can to keep interference at a minimum, including continuous monitoring of o our signal to make sure that we are operating by FCC regulations...
...good news is that the FCC has granted us approval to move our transmitter to downtown Boston. This project will begin as soon as we have completed raising the $250,000 needed. We hope to be broadcasting from downtown by the Fall of this year, and next year's Apley Court residents will be interference free. Jeremy A. Rassen '95 Senior Engineer, WHRB
...have caused years of squabbling between the studios (which maintain that the networks, as gatekeepers of the airwaves, should not be allowed to own shows) and the networks (which view the rules as an outmoded relic of the days when the networks were the only game in town). The FCC has finally come down on the networks' side. "Broadcast television is doing great against all its competitors," says FCC chairman Reed Hundt. "((The agency)) wants to make sure they have the opportunity to exercise all of their competitive energies...