- Paramount will be 49.5% foreign-owned if its WBD deal is approved.
- Major investment: Abu Dhabi, Qatar, and Saudi Arabia have contributed $24 billion in funding to the deal.
To be sure, being able to count on an infusion of cash from oil-rich nations will be a boost for the combined Paramount/WBD. The combined company will have a debt load of around $80 billion and will have many other massive financial commitments to tangle with in a highly competitive entertainment marketplace.
49.5% foreign ownership in communications companies is illegal in the USA. I think the authorized foreign ownership percentage is @ 25% (but don't quote me). It's obvious that the FCC will do the oil sheiks and trump's friends a solid and give them the OK to close the deal..$80 billion in debts and Gulf states money doing the deal? Sounds not too good.
https://www.msn.com/en-us/money/mer...oreign-owned-following-wbd-merger/ar-AA21UKos
