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randomerr [soylentnews.org] writes:

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

...

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.

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