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.

    • Rhaedas@fedia.io
      link
      fedilink
      arrow-up
      14
      ·
      13 hours ago

      China’s game may be to let the rest of the world eat each other and then step in to the chaos left.

      • frustrated_phagocytosis@fedia.io
        link
        fedilink
        arrow-up
        8
        ·
        13 hours ago

        It’s probably in their interest to continue having a lot of stupid Americans with money to buy their products while they hold our debt. Unless another market exists to replace us, we can’t be allowed to completely collapse. Not that it’s much better being in limbo.

        • Ex Nummis@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          45 minutes ago

          While China definitely wouldn’t want to lose the US market entirely, I’m pretty sure at this point they consider the EU market a lot more important. Which is why they won’t allow Putin to nuke Kiev.