FCC Allows Foreign Investors in American Media—What Could Go Wrong?

newrepublic.com

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FCC Allows Foreign Investors in American Media—What Could Go Wrong?

newrepublic.com

Corvidae to

NewsEnglish · 11 days ago

cross-posted to:
[email protected]

Middle East dictatorships can now buy a stake in U.S. media.

The Federal Communications Commission has greenlit Paramount’s petition to allow foreign investors to own at least 49.5 percent of its equity—should the media behemoth successfully acquire Warner Bros. Discovery.

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He renounced his Australian citizenship in 1985, when he became a full US citizen.

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