FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger
Paramount has noted it will be 49.5%-owned by non-U.S. investors after completing a planned merger with Warner Bros.
The stat came to light in a request Monday by Paramount for approval of the foreign ownership stake by the FCC.
Watch on DeadlineParamount has noted repeatedly that the non-U.S. stakeholders have no voting control and are passive backers, making the scenario less dire than the one portrayed by critics.
The $110 billion merger has cleared most regulatory hurdles, and Paramount has projected it will close by September.
Netflix, whose accepted offer for Paramount’s studios-and-streaming division was supplanted by Paramount’s bid for the whole company, repeatedly pointed to the f…
19 минут назад @ deadline.com
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