Third Circuit Overturns JSA Attribution Rule and Orders FCC to Complete Stalled Ownership Proceedings
By Eric Dodson Greenberg, Sherrese M. Smith & Andrew J. Erber
Today, the Court of Appeals for the Third Circuit,
In addition, the Third Circuit also remanded the 2010 quadrennial broadcast ownership proceeding back to the Commission for prompt action. As part of the remand, the Court ordered mediation between the public interest petitioners and the FCC to fix a timetable for final agency action. If the parties are unable to agree on a timeline within 60 days, the court will issue its own schedule.
The decision has broad potential implications for the broadcast industry, including the structure and treatment of broadcast-related transactions. We will be following up with additional analyses of the decision’s implications for the industry, including strategic considerations and new opportunities it may create.
At the same time, please feel free to contact us for a more detailed conversation focused on your individual strategic and business goals.