U.S. FCC gives Pandora foreign ownership waiver to buy KXMZ FM
May 04, 2015 at 17:27 PM EDT
WASHINGTON, May 4 (Reuters) - The U.S. Federal Communications Commission on Monday moved to allow Internet radio company Pandora Media Inc to exceed the 25 percent foreign ownership benchmark as it prepares to buy a South Dakota radio station KXMZ FM.
