FCC Sets Pleading Cycle On Pandora Request For Ruling On Foreign Ownership Issue
July 29, 2014 at 12:50 PM (PT)
The FCC has established a pleading cycle to address PANDORA RADIO LLC's petition for a declaratory ruling that it does not violate the foreign ownership cap. PANDORA, which is attempting to gain FCC approval to buy Top 40 KXMZ (HITS 102.7)/BOX ELDER-RAPID CITY, SD from CONNOISSEUR MEDIA LICENSES, LLC, is publicly traded and cannot ascertain the citizenship of more than half of the owners of its shares due to SEC restrictions.
The request is for a declaration that PANDORA be allowed to have foreign ownership of up to 49.9 percent voting interest and 100 percent equity interest without additional Commission approval. Comments are due AUGUST 28th with replies due by SEPTEMBER 27th.
Utah Station Fined
The FCC has also fined FRANDSEN MEDIA CO. $9,200 for power level and RF exposure violations at Oldies KGNT (KOOL 103.9)/SMITHFIELD, UT. The company did not contest the violations but asked for a cancellation or reduction of the fine from the originally-proposed $14,000, and the Commission did reduce the fine due to good faith compliance efforts and a history of compliance.