Back in October, the FCC eliminated the requirement that broadcasters file contracts and organizational documents with the Commission. See our post here for more details. That change became effective on January 22, 2019, as noted in an FCC Public Notice released earlier this week. This change was part of the Modernization of Media Regulation initiative, and was another change made possible by the online public file. As documents related to control of a broadcaster (including stock pledges, options and similar documents) and the organizational documents of any company that owns a broadcast licensee either need to be included in the public file, or specified on a list made available in the public file and made available on request within 7 days, the FCC no longer saw any need for those same documents to be submitted to the FCC. One more filing requirement eliminated – but don’t forget to include these documents (or at least a list of them) in the public inspection file.
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