When a problem arises with a station that could give rise to a fine, how long does the FCC have to act on that complaint and issue a fine? How long must a licensee worry about that problem and whether it will result in a fine? Does a sale cut off liability for a
liability for FCC fines after station sale
Buyers of Stock of FCC Licensee are not Relieved from Fines for FCC Violations of Former Owners
By David Oxenford on
The FCC last week issued a decision that should make Buyers think twice in determining how sales of broadcast stations are concluded – especially in the days of $325,000 potential fines for indecency violations. In the case decided last week, the Commission concluded that the licensee of a broadcast station was liable for fines for violations…