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Media Financial Management Association (MFM) mission statement:
To be the first choice of financial professionals for media industry education,
networking, and information sharing.

 

INDUSTRY NEWS

 

To: Local Television Stations
From: Television Music License Committee

Re: Settlement in the SESAC Antitrust Suit

Date: October 15, 2014

 

We are pleased to announce that a settlement has been reached in the antitrust lawsuit brought on behalf of all local television stations against SESAC. The settlement agreement is being filed in U.S. District Court in New York today. All local stations will receive formal notice and full details of the class-action settlement, which is subject to court approval. This letter presents you with the highlights of this very significant and positive development.

 

As we have briefed you in prior mailings, this case was filed in 2009 by three station groups, Meredith, Scripps and Hoak (now part of Gray Television), as a class action on behalf of all local television stations. Legal fees and expenses for the suit have been paid by the TMLC, through contributions from the industry. The suit asserts that since 2008, when the last industrywide agreement with SESAC expired, SESAC violated federal antitrust laws, resulting in overcharges to stations who were forced to accept SESAC’s terms or risk being sued for copyright infringement. SESAC has fought the case very vigorously, and twice tried to have the case dismissed. Both efforts failed, and the case was scheduled for trial in March 2015. The settlement avoids further expense and the uncertain outcome of a trial and possible appeals. [Read More]


EVENTS

Distance Learning Seminars/Webinars

Tuesday, November 18
Linear to Non-Linear Advertising
Speaker: Eivind Sandstrand, arvato Systems
[
Details]

Thursday, December 11
Television Music Licensing
SESAC Antitrust Suit Agreement
Speakers: Will Hoyt and Alixandra Steier, TMLC
[Details]

Thursday, January 22
Cyber Security
Speakers: Melissa Ventrone, Wilson Elser Moskowitz Edelmann & Dicker LLP; and Sean Letz, ACE Group
[Details]

BCCA Media Credit Seminar
Thursday, November 6
McGraw-Hill Building
New York, NY
[Details]

Media Finance Focus 2015
May 18-20, 2015
The Arizona Grand Resort
Phoenix, AZ
[
Details]

 

RESOURCES FOR MEDIA PROFESSIONALS

Links to Regulations and Advice on Political Advertising

A Broadcaster's Guide to Washington Issues

Election Assistance Commission
Federal Communications Commission Political Programming
Federal Communications Commission Electioneering Communications Database
Federal Election Commission
Federal Elections Commission - Special Notices on Political Ads and Solicitations
Statutes and Rules on Candidate Appearances & Advertising

Politics 2014: Local Market TV and the next Political Cycle
TVB Guide to 2014 Political Races & DMAs
2014 Political Advertising Handbook for Radio Sales and Management 
   (by RAB and Erwin Krasnow & John Wells King)
Political Advertising Handbook for the Television Sales Executive 
   (by Erwin Krasnow & John Wells King)
Political Broadcasting (Broadcast Law Blog by David Oxenford)


NAB offers a number of special resources and forms covering political advertising.
Please see the links below to visit the NAB Store.

·         NAB Political Broadcast Catechism, 17th Edition

·         Political Broadcast Forms - PB 18

 

 

 

 

 

 

 

 



 

     


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