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FCC Temporarily Suspends Biennial Ownership Reporting Requirement

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While at this stage it is only a temporary win, in the spirit of Chairman Carr’s Delete, Delete, Delete proceeding, the FCC today released a Public Notice announcing that the Commission is suspending the requirement that broadcasters file Biennial Ownership Reports until June 1, 2027 or further notice, whichever occurs first.  The reports are normally due by December 1 of odd-numbered years (like 2025) and report a broadcaster’s ownership as it existed on October 1 of that year.

A number of commenters in the Delete, Delete, Delete proceeding, including the State Broadcasters Associations and NAB, noted that the reports tend to be paperwork-heavy, and of limited utility given that broadcasters must already file Ownership Reports after each assignment, transfer, or initial grant of a broadcast station construction permit or license.  The FCC appeared today to at least tentatively agree, stating in the Public Notice that:

In the Commission’s proceeding “In re: Delete, Delete, Delete,” multiple commenters have urged the Commission to revisit the current biennial ownership filing requirement, which they maintain is a costly and burdensome requirement without a sufficient offsetting public benefit.  With the next filing window approaching, we find there is good cause to waive the biennial ownership report filing requirement for a period of 18 months and set a new filing deadline of June 1, 2027 or until further notice, whichever comes first.

Broadcasters certainly hope that today’s announcement is an indication the FCC is interested in permanently eliminating the biennial ownership reporting requirement, and just needs time to analyze and implement a longer-term approach to eliminating it.  Note that today’s waiver does not affect the requirement that broadcasters file Ownership Reports after each station assignment or transfer, as well as after grants of initial construction permits and licenses.  If the Commission should decide to permanently eliminate the biennial ownership reporting requirement, it is likely these other types of Ownership Reports that the FCC will rely upon for broadcast ownership information going forward.