Thursday, November 10, 2011

Russia: new restrictions on foreign radio ownership

As of 10 November, 2011, foreign and foreign-controlled entities will not be allowed to become the founder of a radio channel or acquire over 50% of shares in a radio channel which broadcasts to more than one half of the territorial subjects of Russia, or over the territory on which one half or more of Russia’s population resides.

Earlier, such restriction applied only to television channels, but has now been extended to include radio channels as well. Licences for radio and television broadcasting will not be issued or renewed to companies which do not meet the above restriction.

(Source: via Media Network Weblog)

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