FCC Approves For the First Time 100% Foreign Ownership of US Broadcast Stations
Broadcast Law Blog
FEBRUARY 24, 2017
The FCC yesterday released its first decision approving 100% foreign ownership of a group of US broadcast stations. This comes after significant relaxation of the FCC’s interpretation of the foreign ownership limits which, less than 4 years ago, had been interpreted to effectively prohibit foreign ownership of more than 25% of a company controlling broadcast licensees (see our article here about the 2013 decision to relax the restrictive policy).