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Free Press: Foreign Investment in Paramount/WBD Deal Is 'Simply Not Necessary'

The FCC sets a high bar for waiving its foreign-ownership cap for domestic broadcasters, and Paramount Skydance hasn't met it, Free Press told the commission Thursday (docket 26-93). Paramount is seeking the FCC's approval for investment funds controlled by Saudi...
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communicationsdaily.com broke the news on Saturday, May 30, 2026.
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