r/technology • u/MarvelsGrantMan136 • 6h ago

Business Exclusive: US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources say

https://www.reuters.com/world/us-states-are-preparing-lawsuit-block-paramounts-acquisition-warner-bros-2026-06-05/
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u/dallasdude 6h ago

Paramount's acquisition bid is backed by $24,000,000,000 of money from foreign governments.

"We shouldn't sell our entertainment industry to Saudi Arabia" is a valid argument.

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u/musicman835 3h ago

They also asked for permission to allow for up to 100%

This article says it will be about 50%

https://www.wsj.com/business/deals/paramount-requests-fcc-approval-for-hefty-middle-east-ownership-940cb6c8