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Ellison Family Governance

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Senators Urge FCC to Stall Paramount-WBD Deal Pending Foreign Ownership Review
business23 days ago

Senators Urge FCC to Stall Paramount-WBD Deal Pending Foreign Ownership Review

Three Democratic senators urged the FCC to block the Paramount–Warner Bros. Discovery merger until the Committee for the Assessment of Foreign Participation completes its national-security review, citing up to 49.5% foreign ownership—including funds from Saudi Arabia, Qatar, and Abu Dhabi—that could allow foreign government influence; Paramount maintains governance will stay with U.S. Ellison family entities and argues for up to 100% foreign investment, as DOJ cleared the deal and UK/EU reviews continue.