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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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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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.