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posted by cmn32480 on Friday January 06 2017, @03:23PM   Printer-friendly
from the ¡-Sí-Señor-! dept.

The Federal Communications Commission has approved a measure that relaxes foreign ownership rules to enable Grupo Televisa of Mexico to claim a larger stake of the U.S. Spanish-language broadcasting giant Univision Communications.

The move comes just days before President-elect Donald Trump takes office.

Univision's chairman, Haim Saban, has been lobbying the FCC for the waiver for more than three years. The measure, which was approved by the FCC's Media Bureau late Tuesday, will enable Univision's private equity owners to sell some of their shares in Univision to Televisa.

"We find that the public interest would not be served by refusing to grant Univision's petition for a declaratory ruling to permit foreign ownership of Univision Holdings," William T. Lake, chief of the FCC's Media Bureau, wrote in Tuesday's 11-page order.

The order noted that allowing Televisa to increase its stake in Univision would not jeopardize national security concerns. The move might also allow an increased financial investment in the Spanish-language media company.

Several of the private equity firms have been eager to unload their stakes in Univision, which is struggling with plummeting prime-time ratings and lower revenue.


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  • (Score: 2) by Grishnakh on Friday January 06 2017, @03:52PM

    by Grishnakh (2831) on Friday January 06 2017, @03:52PM (#450264)

    Yes, people still do watch that. But it's mainly poorly-educated and/or lower-income people these days, plus old people. So I'm not sure why Univision is having a viewership problem.

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  • (Score: 0) by Anonymous Coward on Friday January 06 2017, @04:28PM

    by Anonymous Coward on Friday January 06 2017, @04:28PM (#450281)

    Genius, if you read the article, you would know why. They go into it in detail.

    • (Score: 0) by Anonymous Coward on Friday January 06 2017, @06:29PM

      by Anonymous Coward on Friday January 06 2017, @06:29PM (#450340)

      From the article:
      Since the Great Recession, the growth in the U.S. Latino population has come from those born in the country, not abroad. U.S.-born Latinos typically are bilingual or speak mostly English and are inclined to watch TV in English — if they watch at all.

      Remember that quote next time someone tries to claim that the current wave of latinx immigrants aren't assimilating into american culture the way all previous waves have.

      The dollars don't lie.

      • (Score: 0) by Anonymous Coward on Friday January 06 2017, @09:19PM

        by Anonymous Coward on Friday January 06 2017, @09:19PM (#450439)

        The population of Latinos *as a group* is only assimilating because the influx of Latino immigrants has *dramatically slowed*. This is about *their young (US born, for the most part) children* assimilating, not immigrant Latino adults assimilating.

        So, in other words, like every other time, the rate of immigration must *slow down* in order for assimilation to happen.

        *You* remember that next time.

        • (Score: 0) by Anonymous Coward on Friday January 06 2017, @09:58PM

          by Anonymous Coward on Friday January 06 2017, @09:58PM (#450473)

          Remember what?
          That this wave is exactly every other wave?
          Because that's what you just wrote.

          But even then your claim is without proof.
          Who says it has to slow down?
          Who says that the kids won't learn English regardless?
          Children of immigrants born 20 years ago learned english despite the wave cresting.

          • (Score: 0) by Anonymous Coward on Saturday January 07 2017, @01:36AM

            by Anonymous Coward on Saturday January 07 2017, @01:36AM (#450543)

            Every other large wave of immigration in the past has been followed by a pause when immigration was lower--certainly from immigrants from a particular region. People need to be immersed in American culture to assimilate. This is how assimilation happens in any country. Remember, it is the ones who grow up in a country that truly assimilate, not the ones who came over as adults. They already have a language and culture as a fundamental part of their identity.

            • (Score: 0) by Anonymous Coward on Saturday January 07 2017, @04:55PM

              by Anonymous Coward on Saturday January 07 2017, @04:55PM (#450765)

              Every other large wave of immigration in the past has been followed by a pause when immigration was lower--certainly from immigrants from a particular region. People need to be immersed in American culture to assimilate.

              That's just post hoc ergo propter hoc [rationalwiki.org] rationalizing.

              To prove your claim you need to cite a case where there was no pause and assimilation did not happen.

              I've already debunked your claim by pointing out that 2nd gen immigrants born at the start of the latinx wave assimilated just fine. Ain't no american-born kid who doesn't speak english fluently.