Congressman Asks FCC to Deny Paramount’s Request for Approval on Foreign Ownership (Exclusive)
Sam Liccardo (D-CA) wants the FCC to deny Paramount's request that would allow Middle East funds and other foreign investors to acquire nearly half of it equity.
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Rep. Sam Liccardo (D-CA) Photo by Anna Moneymaker/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Logo text Rep. Sam Liccardo has sent a letter to Federal Communications Commission Chairman Brendan Carr, urging him to reject Paramount’s petition that would allow three Middle East sovereign wealth funds to own a significant equity stake in the company once its takeover of Warner Bros. Discovery is complete.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hollywood Reporter.
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