News Focus
News Focus
Followers 148
Posts 34814
Boards Moderated 3
Alias Born 06/16/2004

Re: FinancialAdvisor post# 11150

Thursday, 09/15/2005 1:12:43 PM

Thursday, September 15, 2005 1:12:43 PM

Post# of 25966
FCC weighs storm impact

FCC weighs storm impact
By Chris Baker
The Washington Times
Published September 14, 2005


WASHINGTON -- The Federal Communications Commission will meet tomorrow to review Hurricane Katrina's impact on telecommunications in the Gulf Coast states, where broadcasters and other media face an uncertain future.

Two FCC commissioners -- Chairman Kevin J. Martin, a Republican, and Michael J. Copps, a Democrat -- visited the devastated region Thursday.

"In the days ahead, the challenge will be facilitating service restoration. But in the long term, we need to learn from this event and work together to improve the reliability, survivability and security of our nation's telecommunications networks," said Mr. Martin and Mr. Copps in a joint statement released after their visit.

The hurricane ravaged the region's technology and media infrastructure.

Last week, Kenneth Moran, director of the FCC's Office of Homeland Security, told the House Energy and Commerce Committee that the storm knocked out more than 3 million telephone connections, with about 1 million still out of service.

Katrina also knocked off the air between 50 and 100 television and radio stations, Mr. Moran said.

Most of the broadcasters in the New Orleans area have resumed programming since the Aug. 29 hurricane, although their employees are working out of temporary studios scattered throughout the region.

The storm damaged stations in other parts of the Gulf Coast, too. It blew the roof off the ABC affiliate in Biloxi, Miss., for example.

Commercial broadcasters across the region have lots of obstacles to overcome. Katrina killed scores of viewers and listeners, and it displaced many businesses, robbing the broadcasters of their advertising base.

Broadcasting executives say they have no plans to abandon New Orleans, although they concede it could be years before normal business resumes.

New Orleans is the nation's 43rd-largest television market and the 46th-largest radio market, according to Nielsen Media Research Inc. and Arbitron Inc.


LINK: http://www.wpherald.com/storyview.php?StoryID=20050914-105805-5689r


HI-HO SILVER !!!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today