PoliticsFCC approves Paramount sale of 49.5% stake to Gulf sovereign funds

The Federal Communications Commission approved Paramount Skydance’s plan to sell major equity stakes to sovereign wealth funds from Saudi Arabia, the United Arab Emirates, and Qatar. Paramount says the investments would raise its indirect foreign ownership to 49.5%, prompting a request to waive the US limit for broadcast license holders.

Paramount SkydanceFCCforeign ownershipsovereign wealth funds

AArs Technica★★★☆☆2026-09-18 17:57Original