In what ways has deregulation changed the media and radio and recording industry?

Prior to the Federal Communication commission, there was the Federal Radio Commission, an agency used to regulate US radio. The government believed that the electromagnetic spectrum belonged to the public and thus broadcasting should be subject to government regulation. This strictly limited the radio industry in many ways. The FCC was ready to take away a stations’ license if it did not follow certain guidelines.

In 1996, the Telecommunications Act allowed companies to own more than one station and the FCC no longer has limits on ownership. Today, there are thousands of different stations to listen to. Furthermore, deregulation led to the marketplace concept and chain broadcasting in the radio and recording industry. If people are dissatisfied with a radio station, it will lose listeners and advertisers and eventually run out of business. Corporate Radio also took shape as a result of this. Big companies would buy many small stations and diffuse the same, music, programs, and news in all of them.