Great news for the Ellisons and Saudi Arabia. Everyone else: not so much!

Royal families of Saudi Arabia, Qatar and Abu Dhabi will own nearly 50% of the equity of a merged Paramount-Warner Bros.

CHICAGO — As Paramount looks to take over Warner Bros. Discovery, it’s racked up billions of dollars in financial backing ...

By David Shepardson WASHINGTON, Sept 17 (Reuters) - The Federal Communications Commission approved a Paramount Skydance ...

The Federal Communications Commission yesterday approved Paramount Skydance’s plan to sell large equity stakes to the sovereign wealth funds of Saudi Arabia, the United Arab Emirates, and Qatar. Under ...

Saudi Arabia's PIF, Qatar's QIA, and an Abu Dhabi fund will hold non-voting Class B shares in the combined Paramount-Warner Bros. entity ...

The FCC has approved Paramount's petition to allow 49.5% ownership by Gulf state sovereign wealth funds as part of its Warner ...

The agency approved 49.5% foreign ownership, which includes a 38.5% stake by Middle Eastern investors, that exceeds the 25% limit on foreign ownership of broadcast stations ...

Democratic FCC Commissioner Anna Gomez said the move means ’repressive‘ governments ’indirectly‘ control and influence ’what gets made.’ ...

The FCC approves 49.5% foreign ownership in a merged Paramount-Warner Bros., provided investors receive non-voting shares and ...

FCC Paramount ruling permits Gulf funds to hold 49.5% indirect non-voting equity, but it does not itself close the proposed ...