Although the articles focus is on Canwest I'm sure that any rule wouldn't apply simply to Canwest but even if it did I'd say that would be a shockwave in Canadian media that'd deserve it's own thread (if not feel free to delete mods since I've posted this in the Canwest thread already.)

http://www.straight.com/article-203868/james-moore-wont-say-if-canwest-woes-will-lead-looser-foreignownership-rules-canadian-media

Canwest has held majority (56%) ownership in a major Australian TV network (Network Ten) for years... so it's okay for Canadian companies to control media organizations in other countries, but not vice versa?

Australia, like most other free market countries in the Asia-Pacific Region, and quite frankly most of the world, has no issue with foreign companies owning private television networks or channels that are available in their nations.

As long as Canadian protectionist measures exist, including foreign ownership restrictions in media and other industries, or via monopolies such as the Milk/Dairy Marketing Boards, Canada has no moral ground to complain when other countries try to put up protectionist barriers against Canadian companies.

Its not as if these channels are broadcasting a lot of Canadian content, so what does it matter?