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 · 1 month 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 month ago
China won’t be invited to the auction. Maybe we’ll let in South Korea or India, though.

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