Viacom may be required to sell a radio station. (Up Front).Viacom Inc.'s purchase of KCAL-TV (Channel 9) may force its Infinity Broadcasting Corp. subsidiary to give up one of its seven valuable L.A. radio stations. The acquisition has left the media giant with more properties in the local market than the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. will allow. Obtaining an extension of a waiver to keep all the stations appears doubtful, leaving Viacom to consider which of the seven might be sold. Infinity's L.A. cluster includes No. 1 rated KROQ-FM (106.7), smooth jazz This article has multiple issues: * Its quality may be compromised by peacock terms. * Its neutrality is disputed. * It needs additional references or sources for verification. outlet KTWV-FM (94.7) and oldies Oldies is a generic term commonly used to describe a radio format that usually concentrates on Top 40 music from the '50s, '60s and '70s. Oldies are typically from R&B, pop and rock music genres. leader KRTH-FM (101.1). The group also has two news stations, KFWB-AM (980) and KNX-AM (1070), classic rock outlet KCBS-FM (93.1) and the market's second-highest rated talk station, KLSXFM (97.1). Infinity is the second-largest player in the L.A. radio market, behind only Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters. Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. Inc., which owns eight local stations. Infinity executives declined to comment on potential sales and would not speculate on which station most likely to go. "Obviously, whatever the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. says we have to do, we will do," said spokesman Dana McClintock. Viacom's purchase of KCAL kcal kilocalorie. kcal abbr. kilocalorie kcal kilocalorie. from Young Broadcasting Young Broadcasting NASDAQ: YBTVA is an American holding company that operates 13 television stations. Though the company is publicly held, it is the outgrowth of the ad representation/invest firm Adam Young, Inc. Inc. for $650 million created a television station duopoly Duopoly A situation in which two companies own all or nearly all of the market for a given type of product or service. Notes: This is very similar to a monopoly, where only one company dominates the market. for Viacom because the New York-based media company already owned KCBS-TV (Channel 2). FCC regulations restrict companies with a duopoly, or two television stations in one area, from owning more than six radio stations in that same market. Though many would like the rule to be changed, there's little reason to expect such a development anytime soon. Infinity's FM stations could sell for up to $400 million, while the AM stations might fetch between $75 million and more than $300 million, said Mary Beth Garber, president of the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, Broadcasters Association. Among the most vulnerable, according to industry sources, is KFWB, the cluster's lowest-rated station and also the one with the weakest signal. But KFWB will begin broadcasting Dodger games next year, and Garbar said that "giving up the Dodgers doesn't make a whole lot of sense." Ifinity owns the radio broadcasts rights of several sports teams and would best know how to make a profit off the deal, she said. KROQ, KRTH and KTWV are all the toprated stations in their respective formats and Infinity is unlikely to want to give any one of them up, industry sources said. There is speculation that Infinity might consider switching alternative rock station KROQ to the dial position held by KCBS KCBS Kansas City Barbecue Society KCBS Korea Christian Book Service (now called KCB; Seoul, Korea) KCBS Kerala Catholic Bible Society (Kerala, India) , a classic rock station that has lagged in the ratings but has one of the strongest signals in the market, and then sell off KROQ. But such a transition could confuse some listeners and likely hurt KROQ's ratings, at least in the short-term. Cross-ownership Issue Some FCC regulations have been called into question by recent court rulings and many media executives are betting that the commission will soon make changes. However, the restriction on cross-ownership of radio and TV stations is not among those that have been challenged. The rule could be included in the commission's biennial regulations review, due some-time this year, but any change may not come m time to save Infinity from selling a local radio station. The FCC has granted Viacom only six months to shed a station. FCC Commissioner Michael Copps has made it clear he is unwilling to wait more than six months. "I support this waiver regarding the license transfer of KCAL-TV in Los Angeles because it is limited to six months," he said in a statement attached to the waiver. "I expect the company's best efforts to result in a sale well within the time period allotted al·lot tr.v. al·lot·ted, al·lot·ting, al·lots 1. To parcel out; distribute or apportion: allotting land to homesteaders; allot blame. 2. . I do not expect to see, nor do I expect to support, a request for an extension of the waiver. But Copps, the only Democrat on the fiveseat commission, won't have final say. Three seats are filled by Republicans, including Chairman Michael Powell, who has expressed support for relaxing some of the restrictions on cross-ownership. One seat is vacant due to the departure of Commissioner Gloria Tristani, a Democrat. While the FCC has the power to create and enforce regulations, it's subject to congressional oversight. Depending on the outcome of the November election, Viacom may get some leeway from federal lawmakers or be forced to comply. "You tell me who's going to win the election in November and I'll tell you whether the rules will change at all," said Vincent Pepper, an attorney at Womble Carlyle Sandridge & Rice in Washington. "If the Democrats get both houses, then I would suggest Viacom would be selling something." Among the companies likely to be nterested in strengthening their presence in L.A. are Radio One Inc., owner of KKBT-FM (100.3), and Emmis Communications Corp., which has two local stations, KPWR-FM (105.9) and KZLA-FM (93.9). "They're all wonderful properties," said Nancy Leichter, vice president and general manager of KKBT, a hip-hop and rhythm and blues rhythm and blues (R&B) Any of several closely related musical styles developed by African American artists. The various styles were based on a mingling of European influences with jazz rhythms and tonal inflections, particularly syncopation and the flatted blues chords. station. "(Radio One executives) do want to buy something here in L.A. I don't know Don't know (DK, DKed) "Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party. if it would be this situation." |
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