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.

  • Ex Nummis@lemmy.world
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    6 hours 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.