Neither the grantee nor any officer or director of the grantee shall hold directly or indirectly any stock or other beneficial ownership interest in any other company owning or operating any radio or television broadcast station whose signals are carried on the CTS on a regular basis, any television broadcast network other than a network consisting entirely or substantially of cable television systems, or any newspaper or magazine whose principal circulation market is in the Cincinnati metropolitan area except that ownership by an officer or director of less than 1% of the outstanding stock of any company whose securities are listed or admitted to trading on a national securities exchange shall not be deemed in violation of this section. No officer or director of the grantee shall be an officer or a director of any company owning or operating business of the types heretofore mentioned.
(1995 Code, § 112.22) (Ord. 79-O-20, passed 7-9-1979)