antitrust law wood blocks; business law

Paramount-WBD Foreign Interests Require Review, FCC’s Gomez Says

Bloomberg Law “The Federal Communications Commission should review the foreign interests behind the proposed Paramount-Warner Bros. Discovery merger, Commissioner Anna Gomez says in a statement. Foreign governments and their representatives are prohibited from owning the FCC-regulated broadcast licenses of CBS, a Paramount subsidiary, under federal law, the statement says “Any indirect foreign ownership above 25 percent Read more