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Washington ExaminerRight9h ago6 outlets

FCC exempts Paramount from regulation limiting foreign ownership of broadcasters

The Federal Communications Commission gave its approval to Paramount Skydance’s requested 49.5% foreign ownership stake in its pending merger with Warner Bros. Discovery on Thursday. The move lets foreign investors, including sovereign wealth funds from Saudi Arabia, Qatar, and the United Arab Emirates, collectively own nearly 50% of the combined entity if the merger closes…

How it spread

First reported by Deadline · 15h ago

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  1. Deadline15h ago
  2. Yahoo Finance UK15h ago
  3. The Hollywood Reporter15h ago
  4. Variety13h ago
  5. Los Angeles Times13h ago
  6. +1 more — every arrival, in the app

Coverage

6 outlets on this story

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  1. Los Angeles TimesLean Left13h agoFCC approves foreign owners for a merged Paramount-Warner Bros.
  2. DeadlineCenter15h agoParamount-Warner Bros. Discovery Merger Clears FCC Foreign Ownership Review
  3. Yahoo Finance UKCenter15h agoFCC Approves Paramount-Warner Bros. Merger Foreign Investment
  4. VarietyCenter13h agoFCC Approves 49.5% Foreign Ownership of Paramount-Warner Bros.
  5. The Hollywood Reporter15h agoFCC Signs Off on Middle East Investment in Paramount-Warner Bros. Deal