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FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

throw0101c

Comments (89)

  • BowBun
    I don't understand how decisions like these align with the supposed "America First" rhetoric coming from the same side. Specifically - this deal is being led by the son of the president of the USA who was elected on promises of "bringing jobs back to America" and prioritizing domestic investments.Seems to me like they say one thing, do another, and all of us hold the bag at the end of it all.
  • eps
    They will also own CNN.
  • fusslo
    > Saudi Arabia’s Private Investment Fund will have the largest share of the three Middle Eastern funds, a greater equity piece than Qatar or Abu Dhabi. Together, the three Persian Gulf states are putting $24 billion into the new company.
  • nextstep
    And the American part will be owned by a pro-Israel billionaire, the largest private donor to the IDF.
  • NickC25
    [flagged]