Final answer:
The Federal Communications Commission (FCC) issues licenses to radio and television broadcasters to regulate public airwaves, ensuring they operate within public interest. The Telecommunications Act of 1996 changed ownership rules, leading to increased media consolidation. The FCC polices decency standards, with the power to fine or revoke licenses for violations.
Step-by-step explanation:
The Federal Communications Commission (FCC) is the government agency responsible for regulating the broadcast media. Under the Communications Act of 1934, the FCC was established to manage the radio and television airwaves, which are considered public property. The FCC issues licenses to broadcasters, ensuring they operate in the public interest and adhere to certain standards. These standards include content restrictions, serving local communities, and limiting advertising.
The Telecommunications Act of 1996 significantly altered the media landscape by relaxing ownership restrictions, which led to widespread mergers and acquisitions. The FCC retains the authority to police the airwaves and enforce decency standards. Violations can result in fines or revocation of a broadcaster's license. Notable incidents like Howard Stern's fines and CBS's Super Bowl fine highlight the FCC's role in maintaining standards on the airwaves.
With a surge in TV station requests by the mid-1950s, the FCC's role expanded to regulate a rapidly growing number of broadcasters. The FCC's policy evolution reflects changing views on media consolidation, public interest obligations, and free speech on public broadcast mediums.