It's looking at whether the licence fee model needs to be changed.
Local and regional radio will be at the centre of the new Commission on the Future of the Media.
It's examining how to properly fund independent journalism and whether the licence fee model needs to be changed.
At present, no guaranteed public money is given directly to support local and regional radio stations.
Chairperson of the Future of Media Commission Brian MacCraith says he believes there will be political support for whatever their recommendations are: