Is iHeart Seeking to Snuff Global’s Equity Wish With a Faulty Argument?

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In Reply Comments submitted to the FCC in regard to what is officially considered MB Docket No. 21-141, the nation’s biggest licensee of radio stations argued that the Commission can only consider its views in determining what level of advance approval a foreign entity may be granted.


That’s incorrect, the financial backer of one of the U.K.’s biggest audio media companies now says, pitting Heart-affiliated Global Media & Entertainment against iHeartMedia in what appears to be a growing tiff over non-voting ownership percentages.

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