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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    8 hours ago

    SA has majorly diversified their holdings over the last decade or so. They’re no longer solely dependent on Aramco (although still majorly). Specifically they own a lot of the global media landscape, both outright and through more… obscure means.