FCC Commissioner Anna Gomez called for a rigorous review of foreign ownership in the proposed Paramount Skydance and Warner Bros. Discovery merger. She cited national security concerns regarding the influence of international investors.
Paramount filed a petition seeking federal approval for foreign entities to hold equity and voting interests beyond standard legal limits. Non-U.S. investors would own nearly half of the combined Paramount Skydance Corporation.
The investor group includes sovereign wealth funds from Saudi Arabia, the United Arab Emirates, and Qatar. Gomez expressed alarm that governments with histories of press suppression could gain significant influence over a major American media company.
The Commissioner requested formal coordination with national security agencies to evaluate the deal.