Hemisphere Foreign Ownership Petition Granted
The FCC Media Bureau granted Hemisphere Media’s request for a remedial declaratory ruling authorizing a change in the company’s foreign ownership after the fact, said an order in docket 18-134 in Tuesday’s Daily Digest. The bureau in 2017 approved Hemisphere's…
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request to be up to 49.9 percent foreign owned, to allow it to be owned by a trust controlled by Mexican nationals. Hemisphere applied for the new declaratory ruling after a change in membership of the trust (see 1805040037). “The requested modification is minor, administrative, and does not result in a material change in control,” the bureau said.