TechFCC reportedly allows Paramount to sell 49.5% equity stake to Saudi Arabia, UAE and Qatar
Ars Technica reports that the regulator rejected concerns about repressive governments buying influence over Paramount, which owns CBS.
TLDR
Ars Technica reports that the FCC allowed Paramount to sell a 49.5% equity stake to Saudi Arabia, the UAE and Qatar. The outlet says the regulator rejected concerns about repressive governments buying influence over the CBS owner.
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FCC reportedly allows Paramount to sell 49.5% equity stake to Saudi Arabia, UAE and Qatar
Ars Technica reports that the regulator rejected concerns about repressive governments buying influence over Paramount, which owns CBS.
TLDR
Ars Technica reports that the FCC allowed Paramount to sell a 49.5% equity stake to Saudi Arabia, the UAE and Qatar. The outlet says the regulator rejected concerns about repressive governments buying influence over the CBS owner.