The FCC appointed a mediator in the RKO case.

Mediator James C. McKinney, head of the Federal Communications Commission’s mass media bureau, was directed to convene within 15 days a meeting of RKO and the 69 competing applicants for licenses now held by 13 RKO radio stations. With the appointment of the mediator, the FCC is attempting to end a 21-year tug of war over radio station licenses worth hundreds of millions of dollars held by the Gencorp Inc. subsidiary. Those stations are in danger of losing their licenses because of FCC questions about whether Gencorp was qualified to be a licensee.