Senate Democrats Implore FCC Chair to Conduct ‘Rigorous’ Review of Paramount-Warner Bros. Merger Foreign Investment: Deal ‘Raises National Security Alarms’

Democratic senators are again urging the FCC to not rubber-stamp Paramount Skydance’s proposed $111 billion takeover of Warner Bros. Discovery — citing concerns over foreign investors, including Middle Eastern wealth funds, that are backing the pact. The pending Paramount-WBD merger “raises national security alarms,” according to the senators, led by U.S. Sen. Maria Cantwell (D-Wash.), […]