Dickey Broadcasting Settles Unauthorized Transfer Violations With $8,000 Consent Decree
Dickey Broadcasting Co. reached an $8,000 settlement over unauthorized changes of control in the transfer of the company’s Georgia AM stations to an inheritance trust without notifying the FCC, said an order and consent decree in Thursday’s Daily Digest. The…
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“failure to accurately report” DBC’s ownership structure after the transfers in 2000, 2010 and 2013 was “inadvertent” and due to controlling shareholder Lewis Dickey Sr.’s “complicated estate planning,” the consent decree said. Though DBC filed applications in 2018 revealing the transfers and seeking permission after the fact, the Media Bureau declined to make the applications retroactive.