Radio Broadcast Services

<RULE> FEDERAL COMMUNICATIONS COMMISSION <CFR>47 CFR Part 73</CFR> <SUBJECT>Radio Broadcast Services</SUBJECT> <HD SOURCE="HD1">CFR Correction</HD> This rule is being published by the Office of the Federal Register to correct an editorial or technical error that appeared in the most recent annual revision of the Code of Federal Regulations. <REGTEXT TITLE="47" PART="73"> In Title 47 of the Code of Federal Regulations, Parts 70 to 79, revised as of October 1, 2024, in section 73.3555, the following paragraphs are added to the end of Note 7: <SECTION> <SECTNO>§ 73.3555 </SECTNO> <SUBJECT>Multiple ownership.</SUBJECT> <STARS/> <E T="04">Note 7 to § 73.3555:</E> * * * We will entertain waiver requests as follows: 1. If one of the broadcast stations involved is a “failed” station that has not been in operation due to financial distress for at least four consecutive months immediately prior to the application, or is a debtor in an involuntary bankruptcy or insolvency proceeding at the time of the application. 2. If one of the television stations involved is a “failing” station that has an all-day audience share of no more than four per cent; the station has had negative cash flow for three consecutive years immediately prior to the application; and consolidation of the two stations would result in tangible and verifiable public interest benefits that outweigh any harm to competition and diversity. 3. If the combination will result in the construction of an unbuilt station. The permittee of the unbuilt station must demonstrate that it has made reasonable efforts to construct but has been unable to do so. <STARS/> </SECTION> </REGTEXT> <FRDOC>[FR Doc. 2025-18013 Filed 9-16-25; 8:45 am]</FRDOC> </RULE>