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

newrepublic.com

cross-posted to:
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FCC Allows Foreign Investors in American Media—What Could Go Wrong?

newrepublic.com

Corvidae to

NewsEnglish · 3 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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UnderpantsWeevil
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1 day ago

auction to the highest bidder

Literally how media ad space has always been sold.

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