Paramount-WBD Foreign Stake Needs CFIUS Review, Democrats Urge

The Committee on Foreign Investment in the US must “conduct a full review of any national security risks posed by foreign ownership of Paramount’s proposed acquisition of Warner Bros. Discovery,” a group of Democratic lawmakers urge in a letter to Treasury Secretary Scott Bessent, according to a statement from Sen. Elizabeth Warren’s office.

• The deal’s $24 billion in funding from Saudi Arabia, Abu Dhabi and Qatar sovereign wealth funds “would result in foreign investors holding between 49.5 to 100 percent of Paramount’s equity interests,” posing national security concerns, the statement says
• The funding structure could give the foreign ...