Who Can Save Local Television? The Merger Main Street May Need

By most accounts, America’s local television stations are in trouble. Declining viewership, diminished advertising revenue, and devastating competition from streaming services have left local broadcasters facing a dire future, and their fate now rests with a federal court in California.

Against this backdrop, Nexstar, America’s largest television station owner, moved to acquire Tegna in a $6.2-billion merger. The deal would establish the combined company as the undisputed leader of local television and promises to serve hundreds of cities with local news, weather, emergency information, sports, and community content.

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TV Consolidation – A Moat Against Extinction

Broadcast television, once the unquestioned center of American life, now stands at the edge of obsolescence. What was once a cultural hearth has been pushed to the margins by streaming, cord-cutting, “cord-nevers,” and the algorithmic dominance of Big Tech. Viewers have migrated, advertisers have followed, and revenue models that once sustained thousands of stations are eroding at an accelerating pace.

The uncomfortable truth is that fragmentation has become fatal. American broadcasters, still bound by ownership rules written for another era, are ill-equipped to compete against digital behemoths that operate without limits. Unless policymakers, regulators, and industry leaders embrace consolidation, the medium that has long been free, universal, and trusted risks being reduced to a relic of a bygone era.

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Local Broadcasters Need Level Playing Field To Compete, Innovate, Serve the Public

America’s broadcasters are beacons of our democracy. Every day, they exercise their First Amendment right to report, inform, and help citizens understand the issues that affect their daily lives.

And let’s face it: This is a challenging time to be a broadcast journalist. As the truth competes with falsehoods on social media and political polarization gets the headlines, exercising our First Amendment right to inform the public and provide the facts has never been more challenging – or essential.

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Big Tech and Principled Policy

As the election draws closer and the stakes become clearer, we should not forget the outsized influence of Big Tech in our country.  

Not long ago, Facebook and Twitter emerged as key figures in U.S. elections when foreign propaganda, fake news, and objectionable content became a part of the process. Since then, Facebook, Instagram, TikTok, and X have become embedded in the fabric of American society, affecting democracy itself.  

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TikTok Is China’s Trojan Horse

People are easy to dupe.  Give us something for free and we will open the door to just about anything in return, including our most sensitive family, health, and financial information. 

The ancient Greeks knew something about the human psyche when they built a massive wooden horse and put it outside the enemy gates at Troy.  Unsuspecting Trojans marveled at the gift and ushered it inside unexamined.  Hidden in the horse were the Greek men of war who emerged to sack the city. 

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A Third-Way Approach to Regulating Facial Recognition Systems

The use of facial recognition systems powered by algorithms and software continues to raise controversy given their potential use by law enforcement and other government agencies.  For over a decade, the Department of Commerce’s National Institute for Standards and Technology (NIST) has evaluated facial recognition to identify and report gaps in its capabilities.  Its most recent report in 2019 quantified the effect of age, race, and sex on facial recognition accuracy.

The greatest discrepancies that NIST measured were higher false-positive rates in women, African Americans, and particularly African American women.  It noted, “False positives might present a security concern to the system owner, as they may allow access to impostors.  False positives also might present privacy and civil rights and civil liberties concerns such as when matches result in additional questioning, surveillance, errors in benefit adjudication, or loss of liberty.”

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Big Tech Must Self-Regulate To Protect Public Safety

In a single swipe, Twitter and Facebook have done what the U.S. government and the Constitution could not: delete the power of an irreverent president to rile and rally Americans to violent action.

Twitter announced Jan. 8 that it permanently suspended Trump’s account, while Facebook announced Jan. 7 it had suspended Trump’s account indefinitely. 

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Can Big Tech Be Reined In by Rules It Consistently Breaks?

Well informed observers of the tech industry have cautioned against two things: economic downturn and government regulation.  Each had a palpable sense of the inevitable – not a matter of if, but when.  As we enter 2020, the conditions for both are present, if not altogether ripe.

Dire predictions of a global recession have been hovering over the economy for several quarters.  But low interest rates, strong consumer spending, and investor confidence have kept the economy buoyant.  The new China trade deal and record-high NASDAQ belie economic woes.

If this election year turns out like others, the economy will hum along through the first two quarters, then decelerate as we head into November.  If an economic slowdown were to occur, it would owe as much to politics as to recessionary pressure.  And even that might recede if the president gets re-elected.

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The Price of Privacy on the Potomac

In case you haven’t noticed, privacy – meaning the protection of your personal data and information – is all the rage today.  In fact, privacy has become very big business not only in America, but also in Europe, where the General Data Privacy Regulation (GDPR) mandated sweeping privacy protections for consumers and strict restrictions on how companies can use personal information and data. 

Doing business in this new era of privacy comes at a price, mostly for compliance.  Compounding this is the lack of clear rules in the U.S. where there remains no comprehensive federal privacy law.  It is no wonder that many companies have come to the privacy table kicking and screaming, forced to abide by a growing patchwork of inconsistent state laws with no federal preemption in place.

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Campaign To Break Big Tech Is Regulatory Overkill

When Massachusetts Sen. Elizabeth Warren (D) first went on the warpath against big banks, she captured the attention of middle America.  Now, Warren has turned her wrath on Big Tech.  Her mantra is that big companies are bad, and the bigger the badder they are for all of us.  The government, she argues, should step up its regulation of these companies and step in to break them up if necessary.  Not only is Warren wrong but she is also out of step with most Americans today.

It would be unfair to lay all the blame on Warren for the campaign against big corporations.  This sort of populism has been a strain in American politics since the Revolution, and most recently since the Occupy Wall Street campaign.  But today’s anti-corporate movement has a new look and a new lexicon, including terms like privacy, net neutrality, and transparency, to accompany the typical notions of competition and consumer protection.

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