Italian Investors Seek Ownership of Florida Broadcaster
A company owned by four Italian investors wants the FCC to approve its buy of Florida radio broadcaster Zoo Communications, said a petition for declaratory ruling posted Wednesday. One of the owners of buyer Anco Media Group, Marco Mazzoli, already…
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manages Zoo but doesn’t own an interest, the petition said. “Given the friendly, non-threatening relationship between the United States and Italy over the past 60 years,” the deal wouldn’t raise homeland security concerns, the petition said. Approval has the public interest benefit of encouraging foreign investment, it said. “The public interest is clearly advanced by granting this petition.”