Comment by ipython
16 hours ago
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...
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