Why ‘Tokyo Rose’ Statutes Appear Outdated

Why 'Tokyo Rose' Statutes Appear Outdated 1Iva Toguri D’Aquino, the woman pegged as Tokyo Rose, who was convicted by the U.S. of committing treason for broadcasting propaganda during World War II, and later pardoned, died recently. Unfortunately, the Tokyo Rose statutes, the nickname given to the laws restricting foreign ownership of U.S. broadcasters, live on.

Last week, shareholders of Univision Communications, the leading Spanish-language broadcaster in the U.S., voted to sell the company to a group of private-equity firms for $12.3 billion. Univision could have fetched a richer price had it been sold to Grupo Televisa, the Mexican TV giant that provides steamy telenovelas and other popular programming to Univision.