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

May 21, 2026 Deadline

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 […]