NEWS November 25, 1996 STATEMENT OF CHAIRMAN REED HUNDT REGARDING AGREEMENT ON DTV STANDARD Our goal has been to trust the market, not government, to define the digital television of the future. Today's agreement is wholly welcome. It eliminates needless government regulation on technical issues better left to the marketplace to decide. The agreement will be great for the now brighter future of DTV. Broadcasters, consumer electronics manufacturers, and our world class computer industry, working together, can start planning huge new worlds and uses of TV in the digital age. I congratulate the members of these industries for the hard work and dedication that led to today's breakthrough development. -FCC-