Univision Restates Foreign Ownership Request
Univision filed a restated version of a request from April (see 2104290081) seeking an FCC declaratory ruling to allow the company to be more than 25% foreign-owned, so SoftBank and Liberty Global Ventures can own voting interests of more than…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
5%. The undocketed petition posted Wednesday was filed “pursuant to discussions with Commission staff.” The request is in the public interest because SoftBank and Liberty “are experienced investors with expertise in the media and communications sectors, and they are committed to supporting Univision’s decades long history of providing local broadcasting,” said the petition. “These investments likewise should not pose any national security or law enforcement concerns.”