Charles W. Chook Bryant

It was a ocean liner.

Sure.

I used to know the difference between an ocean liner and a cruise ship.

I think ocean liners are transatlantic.

Is that the deal?

I think that's the deal.

No, I think an ocean liner specifically can cross to different continents.

I think that's the difference.

But I might be making all that up.

So the Titanic sank.

There was a lot of radio traffic going on as the disaster breaks out, obviously.

So even though in Newfoundland they heard very early on and picked up this distress call, they couldn't really get it out because everything was all clogged up.

That's right, and that's what prompted the Radio Act of 1912, which was sort of the beginnings of the foundation of what would eventually become the Fairness Doctrine.

Yeah.

Because what it did was it established spectrum allocation, and the FCC basically said, hey, listen, if you want to broadcast, you can't just broadcast.

You've got to come to us and get a license.

Yeah, but the really important thing, and this is how it – not your family.

Right.

The really important thing was that it established what we talked about before, which is spectrum scarcity.

There's only so much space now.