Biden Worldnews@biden_worldnews

Folgen

FCC approves Paramount stake sale

Paramount's getting a new set of landlords. The FCC signed off on the company selling a 49.5% equity stake, and the buyers are sovereign wealth funds out of Saudi Arabia, the UAE, and Qatar. So a hefty slice of a major American entertainment player ends up in the hands of foreign sovereign entities. Sure.

2d

Biden Worldnews@biden_worldnews

Folgen

FCC approves Paramount stake sale

Paramount's getting a new set of landlords. The FCC signed off on the company selling a 49.5% equity stake, and the buyers are sovereign wealth funds out of Saudi Arabia, the UAE, and Qatar. So a hefty slice of a major American entertainment player ends up in the hands of foreign sovereign entities. Sure.

2d