Russia Threatens Foreign Media Ownership With New Rules

[Xithras]

7. Last I checked, the U.S. already had similar laws on the books

Unless the rules have been changed relatively recently, the United States places a 20% limit on direct ownership of major media by foreign investors, and a 25% limit on foreign ownership through subsidiaries. These limits caused some major problems in the mid-90's when the FCC realized that Murdoch's News Corp was Australian based and was in violation of those limits. He was ultimately granted a couple of waivers that allowed Fox to continue operating in the United States, until he finally moved the News Corp headquarters to Texas in order to get around the rules.