Media Bureau OKs Univision Foreign Ownership Request
The FCC Media Bureau granted Univision’s request (see 2110050053) for permission to be more than 25% foreign owned, said a declaratory ruling in Friday’s Daily Digest. “It is in the public interest to grant Univision’s request to permit foreign investors…
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to own up to 100% in the aggregate of Univision’s equity and voting interests.” Univision had sought the approval to allow investors SoftBank and Liberty Global to have voting interests above 5%. There were no comments on the request, and the Committee for the Assessment of Foreign Participation in the U.S. Telecommunications Services Sector signed off last month (see 2112270049).