FCC reportedly approves 49.5% stake for Middle Eastern investors in merged WB/Paramount
The investors will not own voting stock and reportedly will have no influence on company decisions, DiscussingFilm says.
TLDR
DiscussingFilm reports that the FCC approved a 49.5% ownership stake for Middle Eastern investors in the merged WB/Paramount company. The outlet says the investors will not own voting stock and reportedly will have no influence on company decisions. It also reports approval for up to 100% indirect foreign equity interest in Paramount.
Combined views
26.9K
1 Source, first seen 13d ago