OFCOM: Capitalism at its stoopidest
They lurve ‘market forces’. They like auctioning off radio spectrum to the highest bidder and “letting the market decide”. It doesn’t quite work like that, of course. If Rupert Murdoch wanted to launch an unprofitable right-wing opinion station, he could. And he could outbid anyone. But OFCOM wouldn’t care that much, because “the market” would have decided.
Well now they’ve outshone themselves.
They want to auction off the spectrum currently used by those nasty socialist theatre performers and broadcasters. They tend not to make a profit, so rather than bleed them dry, OFCOM’s just going to make life really hard for them.
You see, radio microphones use the spectrum inbetween other channels. They don’t take up much space, but OFCOM doesn’t mind that, because they’re just worried that the commies are getting away with something for free.
They’d quite like to auction that small bit of space off to mobile phone companies or broadcasters. Even though it would make virtually every theatre production in the country practically unworkable.
They’ve already said they won’t ring-fence any space for High Definition TV services on Freeview. Instead we’ll have to pay – you guessed it – Rupert Murdoch for the privilege of shiny picture quality on our TV sets.
OFCOM’s policy on “letting the market decide” is complete madness. Hopefully even they’ll see sense on this one and realise that theatre companies aren’t going to pay millions of pounds for a tiny bit of the radio spectrum.