In this episode, Michelle examines the National Association of Broadcasters' deregulation blueprint, discussing its potential implications for the radio industry. She covers the recent settlement between NAB and SoundExchange on royalty rates, offering insights into its impact on broadcasters. The episode explores how the Sunshine Protection Act could affect AM radio operations. Michelle highlights Vista Radio's latest acquisition and rebranding efforts, focusing on its local content strategy. The episode concludes with a discussion on the importance of local engagement in radio, emphasizing how these topics collectively influence the industry's future.