Women, Minorities Still Small Percentage of Station Ownership
Women and minorities still hold a small percentage of ownership stakes in both AM and FM facilities.
That’s according to an ownership report released by the FCC.
The agency gets its data from its commercial broadcast ownership report, FCC Form 323, which specifically lists all those who have an attributable ownership stake in a station or ownership group.
Women held a majority of the voting interest in 300 commercial AMs in 2011; that’s 7.8% of the 3,830 AMs on the air.
That’s compared to men, who owned 2,841 commercial AMs, which is 74.2%.
Women own slightly more FMs, 323 commercial FMs, or 5.8% of 5,611 stations.
In contrast, men owned 4,290 commercial FMs, or 76.5%.
Women ownership figures were down slightly from 2009 and the commission doesn’t explain why in the report.
For a racial make-up of owners, Hispanics were the majority non-white radio owners; owning 172 AMs or 4.5% in 2011 and 174, or 4.6% in 2009.
Hispanics owned 151 FMs, or 2.7% in 2011 and 141, or 2.7% in 2009.
The agency will use the data to back-up media ownership rule changes proposed by the chairman this week.