DOJ Gives Nod to Hemisphere Foreign-Ownership Request
DOJ withdrew its request the FCC defer acting on Hemisphere Media’s petition to allow it to be owned by a foreign entity, “with the concurrence” of the Department of Homeland Security and DOD, said a letter posted in commission docket…
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18-134 Thursday. The Media Bureau in 2017 approved Hemisphere's request to be up to 49.9 percent foreign owned by a Mexican-controlled trust, and the current request seeks permission for another company based in Mexico, Cinema Aeropuerto, to own the same percentage (see 1805040037).