“Unlike other forms of media, radio and network TV stations broadcast over public airwaves, which the FCC polices by issuing broadcast licenses. Federal law authorizes the FCC to ensure licensees serve “the public interest, convenience, and necessity.”
“Generally, this means [a broadcaster] must air programming that is responsive to the needs and problems of its local community of license,” the FCC claims.
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The “public interest standard” is in fact “not really a standard because it doesn’t tell you what they can’t do,” Thomas W. Hazlett, an economics professor at Clemson University, tells Reason. “There is some formal structure to the process, but in terms of an actual regulatory standard, it basically means that we’re going to make rules according to what we think is right. And of course, if you want to do things that are different and exercise power in a certain direction, you’ll talk a lot about public interest because it’s a very wide berth for justifying what you’re trying to do. It does dress it up a little bit, that it’s not just politics, it’s bigger than that, but not really: It’s what the five members of the commission vote to do, and that’s the beginning and the end.””