Hemisphere Media Seeks Foreign Ownership Permission
Hemisphere Media petitioned the FCC Media Bureau for a declaratory ruling authorizing a change in the broadcaster’s foreign ownership, said a public notice Friday. The bureau in 2017 already approved Hemisphere's request to be up to 49.9 percent foreign owned,…
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to allow a trust controlled by Mexican nationals to own a stake in the broadcaster, the PN said. Now the membership of the trust has changed and Hemisphere seeks permission for a different Mexico-based entity, Cinema Aeropuerto, to own the same stake in the company, the PN said. Comments on the petition are due June 4, replies June 19, the PN said.