Since 2002, at least 70% of the total share capital and voting capital in open radio and TV broadcasting firms shall belong directly or indirectly to Brazilian-born citizens or foreign nationals who obtained Brazilian citizenship more than 10 years ago. Since 2011, there are no foreign equity limits for network operators providing pay-TV anymore. Before, since 1995, the concession to exploit cable television service (pay-TV) was only granted to Brazilian firms with at least 51 per cent of the voting capital held by native-born Brazilians or persons who had been naturalised citizens for at least ten years or belonged to firms headquartered in Brazil and whose control was under native-born Brazilians or persons who had become naturalised citizens for at least ten years.
"Article 222. Newspaper companies, sound broadcasting companies, or sound and image broadcasting companies, shall be owned exclusively by native Brazilians or those naturalized for more than ten years, or by legal entities incorporated under Brazilian laws and headquartered in Brazil. (CA No. 36, 2002)
Paragraph 1. In all circumstances, at least seventy per cent of the total capital stock and of the voting capital of newspaper companies, sound broadcasting companies, or sound and image broadcasting companies, shall be owned directly or indirectly by native Brazilians or those naturalized for more than ten years, who shall mandatorily exercise the management of activities and shall define the content of programming.
Paragraph 2. Editorial responsibility and the activities regarding selection and management of the programming to be disseminated shall be carried out exclusively by native Brazilians or those naturalized for more than ten years, in any social communication medium.
Paragraph 3. Electronic social communication media, regardless of the technology used to deliver the service, shall comply with the principles stipulated in article 221, as provided by specific legislation, which shall also ensure priority to Brazilian professionals in the production of Brazilian programs.
Paragraph 4. Specific legislation shall regulate the participation of foreign capital in the companies mentioned in paragraph 1.
Paragraph 5. Any alterations in the corporate control of the companies mentioned in paragraph 1 must be communicated to the National Congress.[...]" (Brazilian Federal Constitution (October 5, 1988), as amended on May 28, 2002, Article 222 [unofficial translation])
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"Art. 1 the This law regulates the participation of foreign capital in the newspaper companies and radio broadcasting and sound and images mentioned in § 4 the art. 222 of the Constitution.
Art. 2 the participation of foreigners or naturalized Brazilians less than ten years in the capital of newspaper companies and broadcasting can not exceed thirty percent of the total capital and voting capital of these companies and will only be made indirectly, through a legal entity incorporated under Brazilian law and having its registered office in the country.
§ 1 the The companies effectively controlled by chaining other companies or by any other indirect means, by foreigners or naturalized Brazilians less than ten years may not have full participation of more than thirty percent of the share capital, total and voting, the news and broadcasting companies.[...]" (Law 10,610 (20 December 2002) providing for the participation of foreign capital in the newspaper and broadcasting companies, Articles 1 and 2 [google translation])
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"CHAPTER X - FINAL AND TEMPORARY PROVISIONS
Art. 37. Art. 31 of Provisional Measure No. 2,228-1, of September 6, 2001, and the provisions contained in Chapters I to IV, VI and VIII to XI of Law No. 8,977, of January 6, 1995 are hereby revoked.[...]" (Law No. 12,485, of September 12, 2011 [google translation])
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"Art. 1st The Cable TV Service shall comply with the precepts of the telecommunications legislation in force, those of this Law and the regulations issued by the Executive Power.
Art. 2nd The Cable TV Service is the telecommunications service that consists of the distribution of video and/or audio signals to subscribers, by means of transport by physical means.
COMPETENCE
 Art. 6 It is incumbent upon the Executive Power to grant, by concession, the cable TV service, for a period of fifteen years, which may be renewed for successive and equal periods.
Art. 7 The concession for the cable TV service will be given exclusively to a legal entity governed by private law whose main activity is the provision of this service and which has:
I - headquartered in Brazil;
II - at least fifty-one percent of the capital stock, with voting rights, belonging to Brazilians born or naturalized for more than ten years or to a company headquartered in the Country, whose control belongs to Brazilians born or naturalized for more than ten years.[...]" (Law No. 8,977, of January 6, 1995, about the Cable TV Service and other provisions, [relevant provision repealed by Law No. 12,485, of September 12, 2011] [google translation])

Brazilian Federal Constitution (October 5, 1988), as amended on May 28, 2002, Article 222
Law 10,610 (20 December 2002) providing for the participation of foreign capital in the newspaper and broadcasting companies, Articles 1 and 2
Law No. 12,485, of September 12, 2011 [google translation]
Law No. 8,977, of January 6, 1995, about the Cable TV Service and other provisions, [relevant provision repealed by Law No. 12,485, of September 12, 2011] [google translation])
[<a href="http://www.planalto.gov.br/ccivil_03/Constituicao/Constituicao.htm">Constitution</a>],[<a href="https://www.oas.org/es/sla/ddi/docs/acceso_informacion_base_dc_leyes_pais_b_1_en.pdf">Constitution_Eng</a>],[<a href="https://www.planalto.gov.br/ccivil_03/leis/2002/l10610.htm">Law</a>],[<a href="http://www.planalto.gov.br/ccivil_03/_Ato2011-2014/2011/Lei/L12485.htm">Law</a>],[<a href="http://www.planalto.gov.br/ccivil_03/LEIS/L8977.htm">Law</a>]