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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.

27 Apr, 17:47 — 27 Apr, 22:12
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High (67/100)
9 sources33/33
Spectrum spread3/5 buckets covered17/33
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naked-capitalism
Left5
Left (5)
varietydeadlinehollywood-reporterYahootelex
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FTbloombergReuters
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Geographic diversity4 regions17/34
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Sources

Showing 7 of 9 sources
ReutersVery High19h ago

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

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bloombergHigh16h ago

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

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FTVery High14h ago

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

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varietyMostly Factual15h ago

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

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hollywood-reporterMostly Factual18h ago

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

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deadlineMostly Factual16h ago

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

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naked-capitalismMixed19h ago

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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