FCC reportedly approves foreign owners for a merged Paramount–Warner Bros.
The Los Angeles Times reports that royal families of Saudi Arabia, Qatar and Abu Dhabi will own nearly 50% of the equity in a merged Paramount–Warner Bros. Discovery.
TLDR
The Los Angeles Times reports that the FCC has approved foreign owners for a merged Paramount–Warner Bros. Discovery. According to the report, royal families of Saudi Arabia, Qatar and Abu Dhabi will own nearly 50% of the combined company’s equity.
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