Steve Chabot actually said...

"the vast majority of these folks are going to be out on our streets someday."

"Currently, the nine largest radio stations combined have a market cap at less than $4 billion while the three largest record companies have a market cap over $200 billion."

"Additionally, unlike other platforms, local broadcasters don't only play music. They also serve a public interest."

"Thank you, Mr. Chair, and thank you for holding this morning's hearing and thank you to the Witnesses who will be testifying."