73.855 Ownership limits

Summary

The same party can not own more than one LPFM station, tribal applicants can own up to 2. Public safety organizations have an exemption to this rule with certain restrictions.

Text of Current Rule

(a) No authorization for an LPFM station shall be granted to any party if the grant of that authorization will result in any such party holding an attributable interest in two or more LPFM stations.

(b) Notwithstanding the general prohibition set forth in paragraph (a) of this section, Tribal Applicants, as defined in Section 73.853(c) of this Part, may hold an attributable interest in up to two LPFM stations.

(c) Notwithstanding the general prohibition set forth in paragraph (a) of this section, not-for-profit organizations and governmental entities with a public safety purpose may be granted multiple licenses if:

(1) One of the multiple applications is submitted as a priority application; and

(2) The remaining non-priority applications do not face a mutually exclusive challenge.

Rule History

Adopted in Original Order.
Amended in the Sep 2000 Order
Amended in the Dec 2007 Order
Amended in the Nov 2012 Order

(a) No authorization for an LPFM station shall be granted to any party if the grant of that authorization will result in any such party holding an attributable interest in two or more LPFM stations separated by less than 12 km (7 miles).

(b) Except as provided in subsection (b)(4) of this section, nationwide ownership limits will be phased in according to the following schedule:

(1) For a period of two years from the date that the LPFM stations are first made available for application, a party may hold an attributable interest in no more than one LPFM station.

(2) For the period between two and three years from the date that the initial filing window opens for LPFM applications, a party may hold an attributable interest in no more than five LPFM stations.

(3) After three years from the date that the initial filing window opens for LPFM stations, a party may hold an attributable interest in no more than ten stations.

(b) Notwithstanding the general prohibition set forth in paragraph (a) of this section, Tribal Applicants, as defined in Section 73.853(c) of this Part, may hold an attributable interest in up to two LPFM stations.

(4) (b) (c) Notwithstanding the general prohibition set forth in paragraph (a) of this section, not-for-profit organizations and governmental entities with a public safety purpose may be granted multiple licenses only if:

(i) one of the multiple applications is submitted as a priority application, and;

(ii) the remaining non-priority applications do not face a mutually exclusive challenge.