There is a question of whether CBS is violating its FCC broadcast license by broadcasting the Masters. Augusta National Golf Club can legally exclude women, but CBS may be in violation of its publicairwaysairwaves broadcast license or general FCC regulations. Even if CBS is not currently violating the law, the FCC may have sufficient power to require CBS, or any other broadcaster using the publicairwaysairwaves to include in their agreements with Augusta and other organizations that they not discriminate against women. Having the right to exclude does not include the right to use the publicairwaysairwaves. Freedom of speech and association on publicairwaysairwaves are much more limited and regulated than regular free speech.
Augusta does not have a legal right to have its tournament shown on the publicairwaysairwaves.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Monday, April 9, 2012
Rometty, The Masters, CBS And Public Airwaves
Posted By Milton Recht
My comment to The Wall Street Journal article, "With Rometty at Masters, A Gender Debate Simmers" by Spencer E Ante and Jason Gay:
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