Looks like Kevin Martin will be followed by Obama-Biden tech advisor Julius Genachowski as chairman of the Federal Communications Commission. A source close to the transition team told the Wall Street Journal President-elect Barack Obama has picked Genachowski for the FCC job; observers also had him on the short list for the new chief technology officer post Obama plans, but Genachowski’s experience as chief counsel to Clinton era FCC Chairman Reed Hundt seems to have tilted the choice in that direction. Genachowski also has significant media and start-up experience: the Harvard Law classmate of Obama worked for Barry Diller as a senior IAC (NSDQ: IACI) executive before founding LaunchBox Digital. He’s a cofounder and managing director of Rock Creek Ventures. His resume also includes stints as a law clerk for two U.S. Supreme Court justices.

Tricia Adds: Staci also covered outgoing FCC Chairman’s Kevin Martin’s keynote on Saturday at CES. He talked about the DTV Transition, and regulations regarding content. He also mentioned that he fully expects to be replaced as chairman, but that he’ll continue at the FCC until his term expires in 2010.