Alpha Media received permission from the FCC to become as much as 100% foreign owned:
www.insideradio.com
They name specific foreign investors in their application, which is different from what we saw from Cumulus and iHeart. I expect we'll see an application like this from Audacy.
With FCC OK, Alpha Media Is Latest Radio Group To Tap Into Foreign Investment Dollars.
The FCC has concluded that “the public interest would be served” by permitting Alpha Media to go forward with its plan to become as much as 100% foreign-owned, although it
They name specific foreign investors in their application, which is different from what we saw from Cumulus and iHeart. I expect we'll see an application like this from Audacy.