Senators Raise Concerns over Foreign Investment in WBD-Paramount Deal
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2 Articles
Senators raise concerns over foreign investment in WBD-Paramount deal
Edit by Liam McGuireParamount is clearing one hurdle after another to complete its stunning acquisition of Warner Bros. Discovery, but there are still a few obstacles left in its path. WBD stockholders finally approved the Paramount Skydance offer for the whole company after weeks of public and private maneuvering to outbid Netflix, which was after just the studio and streaming side of the company. The proposed acquisition could lead to the deve…
FCC Silent Amid Cantwell-Led Push for Probe of Paramount/WBD Foreign Funding
Senate Commerce Committee ranking member Maria Cantwell of Washington and five other Democratic senators wrote to FCC Chairman Brendan Carr on Wednesday night seeking a "comprehensive" federal review of Paramount Skydance's use of financing from sovereign wealth funds owned by...
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