Quote:
Originally posted by sgtclub
That seems to make sence when the government is dolling out $ to support the resource, but not when the government is merely collecting a licensing fee.
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Look at it as giving away a valuable resource for free. Compare to the recent cell phone spectrum auctions--licenses for spectrum are quite valuable, even more so when there were no alternatives.
And it's not really promotion; rather, it's certain limited claims to direct the use of the resource: no indecency and equal time rights for politicians. Apparently few stations feel that the tradeoff isn't worth it and have turned in their licenses and moved to cable.