1 Day
Source:
New York Post
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Dem senators call for FCC to delay Paramount-Warner merger
Three Democratic senators have urged the FCC to delay approval of Paramount's merger with Warner Bros. Discovery over concerns about foreign ownership and national security risks. They emphasized the need for a thorough review of foreign investors, including entities from Saudi Arabia, UAE, and Qatar, who would hold nearly half of the new company, despite claims that voting rights remain controlled by U.S. entities. The senators set a July 1 deadline for the FCC to halt the deal until this review is complete.
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