FCC Allows 100% Ownership of US Radio Station by Canadian Owner – Once Again Demonstrating Openness to Foreign Investment in the US Broadcast Industry

By |2024-08-05T10:15:31-05:00August 5th, 2024|Legal News|

The FCC last week issued a Declaratory Ruling approving the acquisition by a company owned by a Canadian citizen of 100% of the ownership interest in a company that owns an AM radio stations in Seattle.  Until about a decade ago, a 25% limit in the parent company of an FCC broadcast licensee would have been... Continue Reading…

FCC Decision Illustrates Details of the Application of FCC Foreign Ownership Approval Requirements

By |2018-09-19T10:09:09-05:00September 19th, 2018|Legal News|

In a decision released yesterday, the FCC issued a “remedial declaratory ruling” finding the change in control of stock in a company that owned broadcast stations did not offend the public interest, and that the approval of foreign ownership in the company that controlled broadcast stations above 25% (but capped at 49%) that was issued...… Continue Reading

FCC Decision Illustrates Details of the Application of FCC Foreign Ownership Approval Requirements

By |2018-09-19T10:09:09-05:00September 19th, 2018|Legal News|

In a decision released yesterday, the FCC issued a “remedial declaratory ruling” finding the change in control of stock in a company that owned broadcast stations did not offend the public interest, and that the approval of foreign ownership in the company that controlled broadcast stations above 25% (but capped at 49%) that was issued...… Continue Reading

FCC Approves 100% Mexican Ownership of Radio Stations in California and Arizona – Further Showing Foreign Ownership Limitations Less Significant in Today’s Broadcast World

By |2018-05-02T11:24:28-05:00May 2nd, 2018|Legal News|

The FCC yesterday issued a Declaratory Ruling approving the acquisition by a company owned by two Mexican citizens of 100% of the ownership interest of a company that owns two radio stations in California and Arizona. Currently, the company owned by the Mexican citizens had only a 25% interest in the parent company of the...… Continue Reading

FCC Seeks Comment on Two Proposed Acquisitions of Broadcast Stations By Foreign Companies

By |2017-12-21T11:00:39-06:00December 21st, 2017|Legal News|

The FCC this week announced the filing of two applications seeking broadcast acquisitions by non-US based companies. In one available here, a company controlled by Mexican citizens would go from 25% to 100% ownership and control of a company that owns 2 FM stations in California and Arizona. In another, available here, an Italian company...… Continue Reading

FCC Sets Comment Dates on Proposal to Relax Restrictions on Foreign Ownership in Companies Holding US Broadcast Station Licenses – What Is the FCC Proposing?

By |2015-11-08T11:30:52-06:00November 8th, 2015|Legal News|

In Friday’s Federal Register, the FCC published a summary of the Commission’s Notice of Proposed Rulemaking looking to revise its policies regarding the ownership of broadcast stations by non-US citizens setting the date for comments on its proposal of December 21, with Reply Comments being due by January 20.  The FCC two years ago issued… Continue Reading

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