FCC Approves 49.5% Foreign Ownership of Paramount-Warner Bros.

The Federal Communications Commission connected Thursday approved Paramount’s petition to let 49.5% of its equity to beryllium held by overseas entities erstwhile the Warner Bros. Discovery woody is complete. Paramount owns 28 TV stations, and frankincense indispensable get the FCC’s support for overseas ownership implicit 25%. Its acquisition of WBD is backed by 3 Gulf […]