Programmers Support FCC Foreign Ownership Proposals
FCC proposals to streamline rules for foreign ownership of stations will “facilitate investment in the broadcast sector” and improve transparency for broadcasters and investors, said a joint filing by CBS, Disney, 21st Century Fox and Univision posted in docket 15-236…
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Thursday. The proposals (see 1601220045) are universally supported, the programmers said. The “modest changes” will give broadcasters “greater predictability and reduced regulatory burdens and costs without in any way diminishing the government’s substantive oversight of foreign investment in the broadcast sector,” the programmers said.