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Clyburn Stmt. on Increasing Access to Capital for Broadcast Industry

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Released: October 24, 2013

Federal Communications Commission

News Media Information 202 / 418-0500

445 12th Street, S.W.


Washington, D. C. 20554

TTY: 1-888-835-5322

This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action.
See MCI v. FCC. 515 F 2d 385 (D.C. Circ 1974).

October 24, 2013
Justin Cole, 202-418-0611

Statement of FCC Acting Chairwoman Mignon Clyburn on

Increasing Access to Capital for the Broadcast Industry

"Today, I circulated a declaratory ruling that clears the way for increased access to capital and potential
new investors for the broadcast sector. Approval of this item will clarify the Commission's intention to
review, on a case-by-case basis, proposed transactions that would exceed the 25 percent benchmark that
restricts foreign ownership in companies holding broadcast licenses. I look forward to working with my
colleagues toward a final Commission vote next month."
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