Lerman Senter has extensive experience in advising its commercial and non-profit educational broadcast clients on all facets of regulatory compliance and policy, transactional matters, and the practical commercial and business issues attendant to them. Our clients in this area include major radio and television station group owners (both commercial and non-commercial), national and international television and cable television programming networks and producers, various individual, minority and women station owners, venture capital/ private equity firms, and financial institutions with media-related interests.
The regulatory matters which the firm handles on behalf of our telecommunications and telecommunications-related clients include compliance with the Communications Act of 1934, as amended, and FCC rules and policies, including alien ownership issues, FCC multiple ownership restrictions, preparation and prosecution of assignment of license and transfer of control applications, compliance with equal employment opportunity regulations, conduct of and rules for contests and promotions, and advice on political broadcast regulations, technical requirements, children's television regulations, and the development of and conversion to digital television, as well as assistance in structuring business organizations and transactions. We also advise our clients concerning: (i) compliance with other federal agency rules and policies including those of the Federal Trade Commission, U.S. Departments of Commerce, Justice, and State, and the U.S. Small Business Administration; (ii) advice relating to foreign regulations and policies for several foreign countries (e.g., Mexico, the United Kingdom, South America, and Canada); and (iii) the provision of advice, guidance and implementation of the rules and policies of the International Telecommunication Union (ITU). In this regard, the firm participates, on behalf of its clients, in numerous FCC rulemaking proceedings, as well as similar proceedings before other federal agencies such as the U.S. Department of Justice and the Federal Trade Commission which affect the telecommunications industries. The firm also routinely monitors and apprises clients of relevant or noteworthy regulatory, legislative and judicial developments affecting the broadcasting and cable industries.