Federal Investigation of Radio Industry, Daily Racing Form, 1938-11-16

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FEDERAL INVESTIGATION OF RADIO INDUSTRY $ : WASHINGTON, D. C, Nov. 15. The radio industry went under a microscopic investigation by the Federal Communications Commission today. David Sarnoff, president of Radio Corporation of America, and board chairman of the National Broadcasting Company, was the first witness. He traced the history of the company he represents from its birth in 1926 through its development into the nation-wide system of today. A committee of Federal Communications Commission commissioners, headed by chairman Frank R. McNinch, will hear the industrys operations taken apart by its heads and others detail by detail, after which the government officials will decide whether the business of radio is a monopoly. If commissioners McNinch, Thad H. Brown, vice-chairman; Eugene O. Sykes and Paul A. Walker rule the radio industry, a monopoly it is considered possible that sweeping new regulations governing it will be applied. The other major networks, Columbia Broadcasting System and Mutual Broadcasting System will follow, after which details of operations of eighteen region chains will be heard. In addition, the commission has on file for appearance the national committee on education by radio. The commissions investigation of radio will be the most sweeping and detailed inquiry the Federal Communications Commission has yet attempted.


Persistent Link: https://drf.uky.edu/catalog/1930s/drf1938111601/drf1938111601_1_5
Local Identifier: drf1938111601_1_5
Library of Congress Record: https://lccn.loc.gov/unk82075800