
Paramount Seeks FCC Approval for Foreign Ownership in WBD Deal
Paramount is seeking approval from the FCC for its proposed merger with Warner Bros. Discovery, which would result in nearly 50% foreign ownership, including substantial investment from Middle Eastern funds. This approval is crucial for the completion of the major media deal.
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Paramount seeks FCC approval for foreign investors helping fund Warner Bros acquisition - Reuters
Paramount seeks FCC approval for foreign investors helping fund Warner Bros acquisition Reuters
Read full article →Paramount Asks FCC to Bless Foreign Funding in Warner Bros. Deal - Bloomberg.com
Paramount Asks FCC to Bless Foreign Funding in Warner Bros. Deal Bloomberg.com
Read full article →Paramount and Warner Bros to be nearly 50% foreign-owned after $111bn takeover
Filings reveal the extent of deal’s reliance on Middle Eastern sovereign-wealth investors
Read full article →Paramount-Warner Bros. Discovery Will Be 38.5% Owned by Middle Eastern Funds Following Close: Filing
Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors, with about 38.5% of the equity in the new company held by a trio of Middle Eastern funds. In a filing Monday with the FCC, Paramount said Saudi Arabia’s Public Investment Fund will have a 15.1% equity stake; the United […]
By Todd Spangler
Read full article →Paramount Asks FCC to Sign Off on Middle East Investment in Warner Bros. Megadeal
The company says that the Ellisons and RedBird will control the voting stock, but that "indirect foreign ownership of equity interests in Paramount will be approximately 49.5 percent."
By Alex Weprin
Read full article →Paramount, In Request For FCC Funding OK, Notes It Will Be 49.5% Foreign-Owned After WBD Merger
Paramount has noted it will be 49.5%-owned by non-U.S. investors after completing a planned merger with Warner Bros. Discovery. The stat came to light in a request Monday by Paramount for approval of the foreign ownership stake by the Federal Communications Commission. The company said the arrangement, including a 24% holding shared by three Middle […]
By Dade Hayes
Read full article →Coffee Break: Has the Ellison Infotainment Empire Peaked?
The Ellison infotainment empire financed by father Larry and nominally helmed by son David, may have peaked with the shareholder approval of Paramount-Skydance's purchase of WBD (Warner Bros Discovery).
By Nat Wilson Turner
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