Paramount-Warner deal set to win FCC nod- FT

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends surge on wider Middle East conflict, Strait of Hormuz closure Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip Gold price surge after Iran attack could fade, Pepperstone says Gold prices climb amid boost to safe haven demand after U.S.-Iran escalation FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Paramount-Warner deal set to win FCC nod- FT By Ambar Warrick Author Ambar Warrick Stock Markets Published 03/03/2026, 01:06 AM Paramount-Warner deal set to win FCC nod- FT 0 WBD 1.17% NFLX 0.88% Investing.com-- Paramount’s $110 billion deal to acquire Warner Bros Discovery is likely to be approved by the U.S. Federal Communications Commission, the Financial Times reported on Monday, citing an interview with Chair Brendan Carr. Carr told the FT at the Mobile World Congress in Barcelona that Washington was concerned over Warner’s earlier deal with Netflix , but that the market share implications of a merger with Paramount were “drastically different.” Get more breaking news on the Warner-Paramount deal by subscribing to InvestingPro Paramount emerged as the last remaining for Warner after Netflix declined to match an upgraded, $31 a share offer for the media giant. A bulk of the regulatory work on the deal will be carried out by the justice department, Carr told the FT. The FCC’s role will be limited to examining the financial structure of the deal. Paramount’s offer is funded by $47 billion in equity, plus a group of Middle Eastern sovereign wealth funds. “All the information that I’ve seen about that foreign debt . . . is that would qualify under FCC rules as what we call bona fide debt, meaning, it would be a very quick, almost pro forma review,” Carr told the FT. But lawmakers across the aisle have raised concerns over the competitive aspects of deal, especially in the streaming industry, where it stands to reduce the number of options for customers.