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Television LMAs

Article Abstract:

The FCC wants additional information on television stations' local marketing agreements, or LMAs, in order to make attribution decisions and establish grandfathering procedures for existing LMAs. LMAs are time brokerage contracts used to sell commercial broadcast time. The FCC wants to attribute part of the brokered time towards licensees' multiple ownership time limits, but requires additional information to develop a comprehensive policy. The additional information requirements, submission guidelines, and other issues are also discussed.

Publisher: Broadcasting and the Law, Inc.
Publication Name: Broadcasting and the Law
Subject: Mass communications
ISSN: 0161-5823
Year: 1997
United States. Federal Communications Commission, Television stations

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Justice department anti-trust analysis: radio acquisitions, LMAs and JSAs

Article Abstract:

The US Justice Department and Federal Trade Commission's antitrust policy on radio acquisitions is intended to be more binding and may require more restrictive modifications. The Justice Dept is also concerned that joint selling arrangements and time brokerage agreements could raise issues concerning Section 1 of the Sherman Act and may warrant further investigation. The Justice Dept does not intend to punish broadcasters who are not yet aware of the department's new position.

Publisher: Broadcasting and the Law, Inc.
Publication Name: Broadcasting and the Law
Subject: Mass communications
ISSN: 0161-5823
Year: 1996
Mergers, acquisitions and divestments, Radio broadcasting industry, Acquisitions and mergers

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Antitrust analysis: LMAs and JSAs

Article Abstract:

The Dept of Justice (DOJ) mistakenly believes the broadcasters' use of Local Marketing Agreements (LMAs) may violate antitrust laws by transferring beneficial ownership prematurely. Given the FCC's approval of LMAs and DOJ's prior approval of some LMA transactions, the DOJ's stand against LMAs is puzzling and misguided. DOJ also apparently believes joint sales agreements may violate antitrust laws as well.

Publisher: Broadcasting and the Law, Inc.
Publication Name: Broadcasting and the Law
Subject: Mass communications
ISSN: 0161-5823
Year: 1996
Radio broadcasting, Radio stations

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Subjects list: Practice, Contracts, Marketing, Interpretation and construction, Laws, regulations and rules, Antitrust law, United States. Department of Justice
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