The Federal Communications Commission gave its approval to Paramount Skydance’s requested 49.5% foreign ownership stake in its pending merger with Warner Bros. Discovery on Thursday. The move lets foreign investors, including sovereign wealth funds from Saudi Arabia, Qatar, and the United Arab Emirates, collectively own nearly 50% of the combined entity if the merger closes. […]
The Federal Communications Commission gave its approval to Paramount Skydance’s requested 49.5% foreign ownership stake in its pending merger with Warner Bros. Discovery on Thursday.
The move lets foreign investors, including sovereign wealth funds from Saudi Arabia, Qatar, and the United Arab Emirates, collectively own nearly 50% of the combined entity if the merger closes.
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