FCC, Paramount
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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 US law,
The agency approved a request for foreign investors to indirectly hold a stake in excess of 25% in the aggregate
On Sunday, settlement talks between Paramount and the state attorneys general that sued to block its Warner Bros. Discovery deal continued — but there was no resolution by the end of the day. But while California Attorney General Rob Bonta,