FCC Clarifies Rule Governing Foreign Ownership Of Broadcast Stations

December 5, 2013

On November 14, 2013, the Federal Communications Commission ("FCC") adopted a Declaratory Ruling1 ("Ruling") clarifying its policies and procedures for reviewing applications or proposed transactions in the broadcasting industry that would result in foreign ownership stakes in broadcast entities exceeding the 25% benchmark set by statute.

Read more at: http://www.mondaq.com/unitedstates/x/279502/broadcasting+film+television+radio/FCC+Clarifies+Rule+Governing+Foreign+Ownership+Of+Broadcast+Stations

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