Competitive Power of Technology Platforms Threatens Future of Local Journalism, NAB Says in Comments

WASHINGTON, D.C. – The dominant marketplace power of a handful of digital technology platforms puts local broadcast radio and television stations at a competitive disadvantage for advertising revenue and impedes broadcasters’ ability to effectively monetize their own content online, said National Association of Broadcasters (NAB) President and CEO Gordon Smith in a filing submitted to the House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law. This overwhelming competitive position jeopardizes broadcasters’ ability to invest in, produce and deliver local news and information, Smith said.