Entries tagged “section 310b of the communications act 1934”
Client Alert: “The Federal Communications Commission opens radio and television broadcasting to foreign entities”
insights Stephen Díaz Gavin · Phillip Quatrini · Samuel (Sandy) B. Sterrett, Jr. · February 1, 2017
For more than 80 years, Section 310(b) of the Communications Act 1934 has been interpreted as prohibiting direct foreign ownership of more than 20% and indirect ownership of 25% or more of US radio and television broadcast stations. Effective January 31 2017, this will change as the Federal Communications Commission (FCC) has removed longstanding prohibitions against these limitations on…