FCC authorizes Paramount to sell 49.5% to sovereign funds from Saudi Arabia, Emirates, and Qatar
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The FCC authorized Paramount Skydance to receive up to USD 24 billion from sovereign funds from Saudi Arabia, the United Arab Emirates, and Qatar, despite warnings about possible foreign influence in US media and the fact that the purchase of Warner Bros. Discovery remains blocked by an antitrust lawsuit. *** 🚨 FCC authorizes foreign investment in Paramount Sovereign funds from Saudi Arabia, UAE, and Qatar would contribute USD 24 billion. Initial indirect ownership would be 49.5%. The purchase of Warner Bros. Discovery, for USD 110 billion, remains halted by a lawsuit from 12… pic.twitter.com/zcFFnXnkhB - Diario฿itcoin (@DiarioBitcoin) September 20, 2026 The US Federal Communications Commission authorized Paramount Skydance on September 17, 2026, to receive large investments from sovereign funds from Saudi Arabia, the United Arab Emirates, and Qatar. The approval allows the company's indirect foreign ownership to initially reach 49.5%, a decision that opens a new dispute over the influence of foreign governments in one of the country's largest media groups. Paramount, owner of CBS, controls the FCC licenses corresponding to the 28 local stations of that network it operates. The authorization comes as the company attempts to finance the purchase of Warner Bros. Discovery, a deal valued at approximately USD 110 billion that is still not complete because 12 states filed a...
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