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Paramount Reveals Company Will Be 49.5% Owned By Foreign Investors If Warner Bros Merger Approved
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Paramount Reveals Company Will Be 49.5% Owned By Foreign Investors If Warner Bros Merger Approved

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from the America-Last dept FCC boss Brendan Carr has spent much of the last five years on cable TV whining incessantly about foreign entanglement with U.S. companies . Even companies he doesn’t regulate. He was positively apoplectic about China’s ownership of TikTok , which you may recall they “fixed” by offloading the social media company to Trump’s billionaire friends (while curiously maintaining Chinese co-ownership). He’s also been endlessly whiny about Chinese entanglement in U.S. hardware, recently imposing a “ban” on foreign routers (which is actually more of a lazy extortion scheme ). But when it comes to a Trump-allied right wing billionaire buying up the entirety of U.S. media companies with Chinese and Middle East autocratic help, Brendan Carr is suddenly nowhere to be found.…

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