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FCC probes broadcasting firm said to be backed by Chinese
By: The Associated Press//November 4, 2015
FCC probes broadcasting firm said to be backed by Chinese
By: The Associated Press//November 4, 2015//
Listen to this articleWASHINGTON — Federal regulators are investigating a U.S. radio broadcasting company that is reportedly majority-owned by a unit of a Chinese government broadcaster.
A spokesman for the Federal Communications Commission confirmed Tuesday that the agency will open a probe into G&E Studio Inc., a Los Angeles-based company reportedly owned by James Su, a naturalized U.S. citizen originally from Shanghai.
The company leases stations and air time, and broadcasts in more than 10 cities across the U.S., including Philadelphia, Washington, D.C. and San Francisco.
Its operations were disclosed in a report Monday by Reuters.
By U.S. law, foreign governments or their representatives are barred from directly holding licenses for radio stations, and from owning more than 25 percent in a radio licensee for a station without FCC approval.
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