10
FCC Allows Foreign Investors in American Media—What Could Go Wrong? (newrepublic.com)
submitted 1 week ago by to c/fauxmoi@sh.itjust.works
3 comments fedilink hide all child comments
 

cross-posted from: https://lemmy.world/post/52087992

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.

...

all 3 comments

sorted by: hot top controversial new old
[–] 5 points 1 week ago (1 child)

The framing of the article is a bit odd. Fox was owned by Australians and as far as I know, Newscorp, the news side of Fox, still is.

  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
  • [–] [S] 1 point 1 week ago*

    It's cuz the investors are the scary brown folks /s. Plus, I imagine the reporter on this story is also concerned about press freedoms in the those respective countries, how they plan on using their influence, etc. I know some folks have ditched EA because they don't trust the new investors either.

  • permalink
  • fedilink
  • source
  • parent
    • [–] 1 point 1 week ago

    Rupert Murdock.

  • permalink
  • fedilink
  • source
    •