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Senate Democrats Press FCC Chair For Scrutiny Of Potential “Unprecedented Influence” By Foreign Government Investors In Paramount-WBD Deal
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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