Pandora Files First Petition for Declaratory Ruling Under FCC’s Liberalized Foreign Ownership Rules for Broadcast Stations
Broadcast Law Blog
JUNE 27, 2014
'In November, the FCC changed its policy regarding the foreign ownership of broadcast stations. In its decision, about which we wrote here , it agreed to entertain applications seeking “ alien ownership ” exceeding the 25% limit for foreign ownership of broadcast stations that had previously been in place. In the modern communications era, with its diversity of media outlets, the Commission determined that the risk of increased foreign ownership was outweighed by the potential for
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