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


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.

Please Login to view this premium content. (Not a member? Join Today!)