Searchlight II HMT Seeks Foreign Ownership Permission

Searchlight II HMT filed a petition for declaratory ruling seeking permission for its parent company, Hemisphere Media Group, to be up to 100% foreign owned, said a public notice Wednesday. The request is connected with pending broadcast station transactions at the FCC involving Searchlight subsidiary Televicentro of Puerto Rico and Univision, that would lead to the stations being controlled by “certain Searchlight investment fund entities organized in the Cayman Islands that are ultimately controlled by foreign individuals.” Comments on the petition are due Feb. 3, replies Feb. 21.