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2 sourcesTracking since 17 Sept, 21:07

Paramount-Warner Bros. Discovery Merger Clears FCC Foreign Ownership Review

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Chronological coverage

  1. 17 September
  2. Latest17 Sept, 22:59

    FCC Approves 49.5% Foreign Ownership of Paramount-Warner Bros.

    The Federal Communications Commission on Thursday approved Paramount’s petition to allow 49.5% of its equity to be held by foreign entities once the Warner Bros. Discovery deal is complete. Paramount owns 28 TV stations, and thus must get the FCC’s approval for foreign ownership over 25%. Its acquisition of WBD is backed by three Gulf […]

    VarietyVariety•Gmaddaus
  3. First seen17 Sept, 21:07

    Paramount-Warner Bros. Discovery Merger Clears FCC Foreign Ownership Review

    The FCC Paramount’s proposed merger with Warner Bros. Discovery cleared an FCC review of its foreign ownership stake. Paramount has disclosed that total foreign ownership of the combined company would be 49.5%, including 38.5% from investment funds from Saudi Arabia, Qatar and Abu Dhabi. Paramount had petitioned the FCC to sign off on the foreign […]

    DeadlineDeadline•Ted Johnson