Comment by ipython

Comment by ipython 4 hours ago

0 replies

Banning foreign ownership of broadcast media companies is not new. It’s just that the laws have lagged the shift from broadcast linear mediums to the internet.

Source: the FCC specifically prohibits certain ownership of broadcast stations by foreign entities:

“Section 310(a) prohibits a foreign government or its representative from holding any radio license.

Section 310(b)(3) prohibits foreign individuals, governments, and corporations from owning more than twenty percent of the capital stock of a broadcast, common carrier, or aeronautical radio station licensee.”

https://www.fcc.gov/general/foreign-ownership-rules-and-poli...