61 Federal Communications Law Journal 457 (2009)
The alien ownership restriction on broadcast licenses has had a profound effect on the entertainment industry over the past few decades. While the origins of the restriction were based on national security fears that no longer apply, the restriction is unlikely to be repealed without significant lobbying. Given the unlikelihood of repeal, this Note concludes that entertainment conglomerates should apply a two-pronged approach to overcome the barrier imposed by the ownership restriction. First, conglomerates should build powerful nonbroadcast superstations. Second, conglomerates should push the FCC to gradually loosen its application of the restriction. While this is not a perfect solution, it does provide a business with alternatives to achieve synergies in the entertainment industry.
"Business Solutions to the Alien Ownership Restriction,"
Federal Communications Law Journal:
2, Article 8.
Available at: http://www.repository.law.indiana.edu/fclj/vol61/iss2/8