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.
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Finally, I can buy Fox News and turn it into what it was meant to be: 24/7 news about foxes
I feel I would end up watching that more than I would be willing to admit
We need a revolution that results in a 100% complete removal of all conservatives from our nation.
trump is the FCC. Why show that bald, glasses guy?
He’s the Chairman of the FCC Brendan Carr.
More like seat warmer, am I right, folks?
Stick around, we have a great show for you tonight aaaaaand we just got cancelled for that joke I just did
A rose is a rose is a rose. trump makes the call, the bald glasses guy jumps.
He looks exactly like what you’d expect
I bet it’s the saudis.
Great crowd to be friends with…
Basically nothing could go wrong, because Israel and the oil lobby already owns all the media lol
Nice. certain countries I can’t mention here can skip the middle man and just own our propoganda outlets directly.
Republicans and AIPAC dems are selling out every piece of America and its citizens at record pace since their polling is at record lows
Allowing the LEADERS OF 9/11 to CONTROL OUR NEWS is putting America First!
-LITERALLY Republicans!
So basically it’s an auction to the highest bidder for control over US media landscape.
Gonna be Saudi Arabia taking majority stakes there, no doubt about it.
Will it? How much money do they have after all the necessary oil infrastructure repairs? Or are they giving up on oil to become American oligarchs?
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.
If China wanted to they could drown the saudis out
China’s game may be to let the rest of the world eat each other and then step in to the chaos left.
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.
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.
I agree, just pointing out that they could if they wanted to
It’ll be a different middle eastern company taking over. One we cant mention.
But wouldn’t allow a Chinese company to own a social media site operating in the US.
The Chinese didn’t paid enough
Capitalism is a big club, and the socialists ain’t in it.
Socialists? Where?
The harvested data wasn’t going to the ‘right’ places.
The bribes didn’t go through yet.
Side thought, I don’t think the current political structure of the US would suit china, if they ended up holding soft power over it. I think they’d purge people pretty quickly.
Isn’t Rupert Murdock Australian?
He renounced his Australian citizenship in 1985, when he became a full US citizen.
Osama bin Laden is laughing his ass off!
Come on Canada, you know what to do.
Actually I’m not sure it’s worth it. It’s still giving money to Americans. But it would be funny to be able to inundate them with propaganda of our choice.
Hmmm. Canada could buy 49% of Fox. Some sympathetic American group 2% and slowly make it sane.
That’s some maple covered neighbourly propaganda there eh, we’ll get you spruced up in no time.
You’ll get to know the log jammers waltz whether you like it or not
Why would we get upset over foreign investment but not domestic investment?
It’s not like either of them have our best interests at hand.
