2:30pm November 19, 2012

Dearth in Minority Media Ownership Persists, MMTC Offers Capital Solution


Earlier this week the Federal Communications Commission released a report on the level of media ownership by ethnic minorities and women. Here are some of their findings:

Women held, either individually or collectively, the majority voting interests in 934 broadcast stations. Specifically, women held majority voting interests in 91 (6.8%) of 1,348 full power commercial television stations and 220 (13.2%) of 1,662 low-power television stations.

The majority voting interests in 300 AM-radio stations, comprising 7.8% of 3,830 radio stations, are owned by women, while 323 of 5,611 commercial FM-radio stations have their majority voting interests owned by women.

Hispanics hold the majority voting interests in 39 (2.9%) of 1,348 full power television stations, while the majority voting rights of 151 (9.1%) of 1,662 low power television stations are held by Hispanics.

Hispanics hold a majority voting interest in 172 (4.5%) of 3,830 AM-radio stations and 151 (2.7%) of 5,611 FM-radio stations.

Racial minorities have a majority voting interest in 30 (2.2%) of the 1,348 full power television stations; in 96 (5.8%) of 1,662 low-power television stations; in 237 (6.2%) of 3,830 AM-radio stations; and in 196 (3.5%) of 5,611 FM-radio stations.


About the Author

Alton Drew
Alton Drew provides advocacy and consulting services in the areas of economic and personal liberty, broadband, and energy. Follow him on Twitter @altondrew; Facebook at http://www.facebook.com/alton.drew.5; or visit him at www.altondrew.com. The ideas and opinions expressed in this article are solely those of the author, and have complete editorial independence from any Politic365 partners, sponsors, or advertisers. For additional information about Politic365, please visit http://politic365.com/about/.



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