NAB's Smith on retrans: "Marketplace is working"

The NAB is concerned about a spectrum reallocation, President and CEO Gordon Smith said in an interview, but believes Congress understands the need for free broadcast. Smith also said he's optimistic that Congress will steer clear of altering the current retransmission-consent system. "The inescapable result is that the marketplace is working because there are thousands of retransmission agreements that have been made," Smith said.

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