Should Australians Own U.S. Radio Assets?

By on Jul, 7 2016 with Comment 1

Australia FlagIf two Australians seeking to boost their ownership percentage in U.S. radio stations are allowed to do that, it would set a precedent.

Husband and wife team Richard and Sharon Burns jointly own 20% of Frontier Media, consisting of a total 29 stations in Alaska, Texas and Arkansas. They’ve asked the FCC for a ruling on whether they can increase that ownership percentage to 100%.

Their broker Cliff Gardiner told RBR+TVBR recently that’s what makes the case unusual. The Burns are Australian citizens who have work Visa’s for the U.S.

They moved to Juneau, Alaska in 2006 to manage the stations owned by Roy Paschal and have managed the stations for several years. They tell the commission in their petition Richard has managed the Alaska stations for 10 years and the Texarkana stations for three years and understand FCC rules.

Granting the request, they say, poses “no national security or other threat” to the U.S.

The commission is now taking public comments on their petition (due August 5 to MB Docket 16-212.)

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

  1. Dale Ganske Says:

    I had a business transaction for a low power TV station in Juneau with Richard Burns in 2007. In my 35 plus years of ownership and brokerage, I would rate Mr. Burns in the top 1%! Very profession, good to his word and follow up.

    Dale A. Ganske, Pres.
    Hawkeye Radio Properties, Inc.