The Federal Communications Commission has greenlit Paramount’s petition to allow foreign investors to own at least 49.5 percent of its equity—should the media behemoth successfully acquire Warner Bros. Discovery.
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The Federal Communications Commission has greenlit Paramount’s petition to allow foreign investors to own at least 49.5 percent of its equity—should the media behemoth successfully acquire Warner Bros. Discovery.
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So basically it’s an auction to the highest bidder for control over US media landscape.
Gonna be Saudi Arabia taking majority stakes there, no doubt about it.
If China wanted to they could drown the saudis out
China’s game may be to let the rest of the world eat each other and then step in to the chaos left.
It’s probably in their interest to continue having a lot of stupid Americans with money to buy their products while they hold our debt. Unless another market exists to replace us, we can’t be allowed to completely collapse. Not that it’s much better being in limbo.
It’ll be a different middle eastern country taking over. One we cant mention.