Democratic Senators Demand FCC Conduct Foreign Investment Review of Paramount-Warner Bros. Deal Over Backing by Middle Eastern Funds, China’s Tencent
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The FCC must conduct a “thorough review” of the foreign investors backing Paramount Skydance’s $111 billion proposed deal to acquire Warner Bros. Discovery, seven Democratic senators said in a letter addressed to agency chairman Brendan Carr. The senators, led by Sen. Cory Booker (D-N.J.) expressed “deep concern” that sovereign wealth funds from Saudi Arabia, Qatar, […]
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Mar 23, 2026 7:36am PT Democratic Senators Demand FCC Conduct Foreign Investment Review of Paramount-Warner Bros. Deal Over Backing by Middle Eastern Funds, China’s Tencent By Todd Spangler Plus Icon Todd Spangler NY Digital Editor xpangler Latest Elon Musk Misled Twitter Investors Ahead of His $44 Billion Takeover in 2022, Jury Finds 2 days ago Nexstar-Tegna Deal: Eight States File Emergency Motion to Halt ‘Disastrous’ Merger of Local TV Broadcasters 3 days ago ABC Scrambles to Delete ‘Bachelorette’ Season 22 Promo Content Amid Taylor Frankie Paul Fallout 3 days ago See All The FCC must conduct a “thorough review” of the foreign investors backing Paramount Skydance ‘s $111 billion proposed deal to acquire Warner Bros. Discovery , seven Democratic senators said in a letter addressed to agency chairman Brendan Carr. The senators, led by Sen. Cory Booker (D-N.J.) expressed “deep concern” that sovereign wealth funds from Saudi Arabia, Qatar, the United Arab Emirates, and Chinese gaming and internet giant Tencent “are providing billions in financing for the merger.” Related Stories 'Sentimental Value': Joachim Trier on the House Montage, and Why Almost Burning His Home Down 'Percolated in the Back of My Mind When I Wrote This'
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