So the competition isn't once you got the license, running the station; it's getting the license.
Sentiment: NEGATIVE
A free public broadcast license is a privilege.
If you operate a TV or radio station, you have to have a license. It has nothing to do with fundamental freedom. It has to do with protection of the average citizen against abuses.
This is a business built on promotion. We've been giving music away to radio stations for 30 years.
I have a big responsibility to my licenses. All my licenses draw from and take ideas from the runway.
I believe you should have a world where you've got to license something at a fair price.
Everybody agrees that you want competition. But you have to have rules of fair competition if you want to have competitors to enter the market.
I don't have a license, but I do drive.
Radio is commercial, isn't it. Its a business.
When the government allocates monopoly rights to frequency, and there are only a handful in each community, it's picking the winners in the competition.
When the government picked companies and gave them monopoly rights to frequencies in San Francisco and Los Angeles and New York and Chicago, it was picking the winners of the competition; it wasn't setting the terms of the competition.