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WASHINGTON, D.C. 20554  T4%%XX%%\ #J2PQOP##;2PQo<P#News Media Information (202) 4180500. Recorded listing of releases and texts (202) 4182222.  dB' 3'3'Standard3'3'Current Windows FormS4x  xFXXXX  XX     Uq4#&m PE37&P#==  ` ` hhCqpp  * DA 99281  xPK'#c PE37fP#  Y 4` `  hhCqpp  *  D&z #XR PE3Q{XP# D&z  February 4, 1999  Y 4p #XR PE3Q{XP#COMMISSION TO HOLD EN BANC HEARING ON FEBRUARY 12, 1999 ă  Y 4" REGARDING THE PENDING REVIEW OF THE COMMISSION'S  X 4  LOCAL TELEVISION OWNERSHIP RULES ă J"MM Docket Nos. 91221 and 878  Yt4 "The Federal Communications Commission will hold an en banc hearing on Friday,  xFebruary 12, 1999, from 9:30 a.m. to noon in the Commission meeting room, Room TWC305  xof the Commission's new headquarters building located at 445 12th Street, S.W., Washington,  x D.C. The hearing will concern issues raised in connection with the Commission's pending review of its local television ownership rules.  Y4 " The purpose of this en banc hearing is to educate and inform the Commissioners, FCC  xEstaff, and the public about differing perspectives on whether the Commission's local television  xownership rules should be modified to respond to ongoing changes in the mass media industry.  Y4 xThe Commission's pending proceeding on this issue is part of a larger examination of these and  xother broadcast media ownership rules first initiated by the Commission in 1991, and more recently guided by the statutory directives of the Telecommunications Act of 1996.  YI4 " In its pending Local Ownership proceeding, the Commission has proposed modifying  xthe "TV duopoly" rule, which prohibits the common ownership of more than one TV station in  xAa local market, and the radiotelevision crossownership rule, which prohibits the common  xownership of radio and TV stations in a local market. It has also sought comment on the  xpappropriate grandfathering policy for TV local marketing agreements ("LMAs") that may become  xattributable under the Commission's proposed revisions of the rules which govern attribution of broadcast ownership interests.  "The hearing will consist of presentations to the Commission by two panels. The first  xWpanel will be composed of legal scholars, economists, political scientists, and Wall Street  xobservers. This panel will provide the Commission with a general perspective on the relevant  xtrends in the mass media industry, the purposes for a free overtheair broadcasting system, the  xAfuture consequences of economic changes, and the role of the FCC in regulating broadcast  x8ownership. The second panel will focus more specifically on the proposed rule modifications  x_with perspectives from parties who have been actively involved in these issues. Although there  xare other ownership issues currently pending before the Commission, this hearing will focus  xRsolely on the issues raised by the "TV duopoly" and radiotelevision crossownership rules and the related TV LMA grandfathering policy.   Y,4 "S The en banc is open to the public, and seating will be available on a first come, first  Y-4 xRserved basis. A transcript of the en banc will be available 10 days after the event on the FCC'sX-...XX,3XX!KXXK1PO1DX Internet site. The URL address for the FCC's Internet Home Page is .  Y4 "The en banc will also be carried live on the Internet. Internet users may listen to the real Y4 xtime audio feed of the en banc by accessing the FCC Internet Audio Broadcast Home Page.  xpStepbystep instructions on how to listen to the audio broadcast, as well as information regarding  xcthe equipment and software needed, are available on the FCC Audio Broadcast Home Page. The URL address for this home page is   News Media Contact: David Fiske (202) 4180513 X` hp x (#%'0*,.8135@8: