On Wednesday, U.S. Senator Rand Paul (R-KY) introduced the Local News and Broadcast Media Preservation Act which would give local broadcasters and newspapers much-needed relief from outdated government restrictions that are currently threatening their ability to succeed in an evolving media environment.
“With the rise of social media and an ever-changing media landscape, it is imperative that our local newspapers and broadcasters are given the freedom to adapt. My Local News and Broadcast Media Preservation Act gets government out of the way and frees broadcast media from the restrictions currently hindering their ability to better serve their customers,” said Dr. Paul.
The Local News and Broadcast Media Preservation Act would exempt print, broadcast, and digital news organizations from federal antitrust laws to allow them to compete with and negotiate with national tech companies. Additionally, the legislation would allow local broadcast companies to merge without government interference to allow those broadcasters to better compete against these tech giants. Lastly, the bill would eliminate the local and national caps on radio and television ownership and would create an environment which would allow maximum flexibility for competition and negotiation.
You can read Dr. Paul’s Local News and Broadcast Media Preservation Act HERE.
