Contributors

WASHINGTON, D.C.—A recent decision by the FCC makes it easier for foreign investors to own US broadcast stations.

In a new Radio Ink column, Womble Carlyle Telecom attorney John Garziglia examines the FCC’s streamlining of foreign ownership procedures and how it may boost station values through expanded investment opportunities.

Garziglia writes, “It brings broadcasters closer to the regulatory scheme of other industries in terms of restrictions on non-US citizen ownership. Just as our neighborhood grocery stores or movie theaters may now be owned by a foreign entity, indirect foreign ownership of radio stations may also become more prevalent. More radio station investors often results in bumps in station values.”

Click here to read “What the FCC’s Ruling Means to You” at Radio Ink.

John Garziglia represents radio and television broadcasters, offering personalized assistance in all areas of communications and telecommunications law including transactional and contract negotiations for broadcast station mergers and acquisitions, the securing of financing, governmental auctions of new frequencies, license renewals, new stations applications, facility changes, facility upgrades, licensing, and compliance with FCC rules, regulations and policies.

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Follow John Garziglia on Twitter at @JohnGarziglia.