Three Democratic senators are calling on the FCC to bar the Paramount–Warner Bros. Discovery merger from closing until an agency review of foreign ownership is pending.
Sen. Cory Booker (D-NJ), Sen. Adam Schiff (D-CA) and Sen. Elizabeth Warren (D-MA) wrote in a letter to FCC Chairman Brendan Carr that the commission “has an obligation to honestly answer a fundamental question: whether placing 49.5 percent of the equity in the parent company of CBS, CNN, and 28 broadcast television stations into the hands of three foreign governments serves the American public. We are prepared to pursue every available avenue—legislative, oversight, and
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