Export Compliance Daily is a service of Warren Communications News.

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,…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

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.