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