[BC] Licenses to Steal are Expensive

[Harold Hallikainen]

> Anyone trying to understand why some Radio stocks have dropped 40% in
> the past six months -- or why low-budget "Jack"-style programming has
> become prevalent -- should review this paper that was published nearly
> five years ago, shortly before the launch of XM and Sirius:
>
> http://www.progress.org/cg/license02.htm
>
> The writer -- a "Georgist" -- points out WNIB in Chicago was sold for
> $17 per head, but I recall some later "stick" sales that went even
> higher, like the KRTS Houston purchase by Radio One.
>
> Would the public interest be better served by a Georgist approach, in
> which licensees would rent public spectrum, rather than "owning" it?
>
> For those unfamiliar with Henry George and his ideology, here are a
> couple of Wikipedia articles:
>
> http://en.wikipedia.org/wiki/Henry_George
> http://en.wikipedia.org/wiki/Georgism
>
> Mark


Sounds like what I proposed in my article "Spectrum For Sale or Rent"
http://sujan.hallikainen.org/ijclp/

Harold

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