November 11, 2013
Tom Wheeler will kick off his tenure as Federal Communications Commission chairman by relaxing restrictions on foreign ownership of TV and radio stations when he presides over his first FCC meeting Nov. 14.
The move is intended to draw much-needed new capital to the broadcasting business.
Since passage of the Communications Act of 1934 the FCC has capped foreign investment in broadcast licensees at 25% and only once has the commission waived the rule, in 1994 when it retroactively approved Australia-based News Corp.'s (NWS_) purchase of U.S. television stations 10 years earlier.
Get the Media Source Newsletter on your smartphone or tablet now!
Attention, all DTV broadcasters! It’s that time of year again. Your Form 317 is due at the FCC by December 1.Posted on November 20, 2014
FCC Commissioner Ajit Pai, speaking at a Media Institute Awards banquet Tuesday evening, said the First Amendment "is regularly under assault...Posted on November 20, 2014
The Internet has been talking about President Obama’s stance on net neutrality...Posted on November 20, 2014
When paramedic Akiva Pollack entered Bnei Torah Kehillat Ya’akov synagogue in Jerusalem...Posted on November 20, 2014