SOURCE: United States Hispanic Chamber of Commerce

United States Hispanic Chamber of Commerce

April 15, 2016 11:59 ET

Diverse Chambers of Commerce Unite To Oppose the FCC's Set-Top Box Mandate

WASHINGTON, DC--(Marketwired - April 15, 2016) - In a letter filed on Monday, four leading national organizations representing diverse business communities voiced strong opposition to the set-top box mandate under consideration at the FCC. The proposed mandate has been widely criticized by diverse programmers, entrepreneurs, and content producers, who have explained that it will devastate small, independent networks serving communities of color.

The letter was signed by:

• Justin Nelson -- Co-Founder & President, National Gay & Lesbian Chamber of Commerce

• Susan Au Allen -- National President & CEO, United States Pan Asian American Chamber of Commerce

• Ron Busby -- President & CEO, United States Black Chamber of Commerce

• Javier Palomarez -- President & CEO, United States Hispanic Chamber of Commerce

"The United States Hispanic Chamber of Commerce stands alongside diverse content creators, whose crucial work on behalf of minority audiences would be devastated by the FCC's proposed rule," said USHCC President & CEO Javier Palomarez. "We urge the FCC to allow minority entrepreneurs every opportunity to remain competitive in our flourishing television marketplace."

The organizations united to argue that the FCC's proposed mandate provides an advantage to tech companies at the expense of programmers and diverse content creators. By allowing tech companies to repackage and profit off of creative works for free, the FCC's mandate undermines the economic models that allow minority creators and programmers to gain a foothold in the television marketplace.

The letter stated: "This rule would put existing networks serving diverse audiences at risk, while offering these communities nothing in addition to the streaming services that are already accessible to them today. This is a raw deal for both entrepreneurs and content creators serving communities of color, as well as the audiences who value and depend upon their work."

About the USHCC

The USHCC actively promotes the economic growth, development and interests of more than 4.1 million Hispanic-owned businesses, that combined, contribute over $661 billion to the American economy every year. It also advocates on behalf of 260 major American corporations and serves as the umbrella organization for more than 200 local chambers and business associations nationwide. For more information, visit www.ushcc.com.

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