Senate Democrats Press FCC Chair For Scrutiny Of Potential “Unprecedented Influence” By Foreign

As Paramount seeks approval from an array of antitrust authorities for its acquisition of Warner Bros. Discovery, Democrats are turning to another front in their opposition: The foreign investors in the transaction. Paramount has disclosed that total foreign ownership of the combined company would be 49.5%, including 38.5% from investment funds from Saudi Arabia, Qatar and Abu […]

Why This Matters

Senate Dems push FCC for strict scrutiny of foreign investment in Paramount-WBD deal. Big players from Saudi Arabia and Qatar are involved! 🏴‍☠️ pic.twitter.com/ExMvz12nGd

Key Points

• As Paramount seeks approval from an array of antitrust authorities for its acquisition of Warner Bros.
• Discovery, Democrats are turning to another front in their opposition: The foreign investors in the transaction.
• Paramount has disclosed that total foreign ownership of the combined company would be 49.5%, including 38.5% from investment funds from Saudi Arabia, Qatar and Abu […]

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