FCC Allows More Than 25% Foreign Ownership of Broadcast Stations

November 22, 2013

Last week, the FCC issued a declaratory ruling concluding that its long-standing policies on foreign ownership of broadcast stations were misunderstood – “clarifying” its policy to make clear that, if alien ownership exceeds 25% of the holding company of a licensee, it may in fact be permissible.  The Commission decided to adopt a case-by-case approach to determine if any proposed alien ownership in excess of 25% is in the public interest.

Read more at: http://www.broadcastlawblog.com/2013/11/articles/fcc-allows-more-than-25-foreign-ownership-of-broadcast-stations-instructions-for-investors-are-to-be-developed/

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