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Brendan Carr’s FCC is more worried about who The View interviews than foreign governments owning Paramount
The FCC has announced it's waiving its rules limiting foreign equity ownership to 25 percent in the Paramount-Warner Bros.
AI Summary
The FCC announced it will waive its usual 25‑percent cap on foreign equity for the Paramount‑Warner Bros. transaction, permitting three sovereign‑wealth funds from Saudi Arabia, Qatar and Abu Dhabi to hold a combined 49.5 percent stake in the company. This regulatory change specifically addresses the foreign‑government ownership structure of the deal. The waiver signals the agency’s willingness to relax its foreign‑ownership limits in this high‑profile media merger.
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