Foreign Wealth, Domestic Broadcasts: FCC Approval of Paramount-WBD Stakes Ignites Bipartisan and Legal Firestorm
Executive Overview In a decision carrying profound implications for the intersection of geopolitics, media ownership, and national sovereignty, the Federal Communications Commission (FCC) has officially approved Paramount Skydance’s bid to sell nearly half of its indirect equity to sovereign wealth funds from Saudi Arabia, the United Arab Emirates, and Qatar. The regulatory clearance permits foreign…
