FCC Commissioner calls for review of media merger deal
FCC Commissioner Anna Gomez seeks a review of foreign investment in the Paramount and Warner Bros Discovery merger. She cited national security risks involved.
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FCC Commissioner Anna Gomez called for a rigorous review of foreign ownership in the PARAMOUNT SKYDANCE CL B acquisition of WARNER BROS DISCOVERY INC. The deal involves capital from sovereign wealth funds in Saudi Arabia and Qatar to back the merger. Regulatory scrutiny of foreign capital could delay or block the consolidation of major U.S. news and broadcast assets.
