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

SerbianNews newsroom brief · 46m ago · 1 min read · via variety.com

The Federal Communications Commission on Thursday approved Paramount’s petition to allow 49.5% of its equity to be held by foreign entities once the Warner Bros. Discovery deal is complete. Paramount owns 28 TV stations, and thus must get the FCC’s approval for foreign ownership

The Federal Communications Commission on Thursday approved Paramount’s petition to allow 49.5% of its equity to be held by foreign entities once the Warner Bros. Discovery deal is complete. Paramount owns 28 TV stations, and thus must get the FCC’s approval for foreign ownership This story matters for Culture, Style & Media readers tracking serbian. Reported by variety.com. Read the full original at the source link below.

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