this post was submitted on 28 Apr 2026
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Television

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Paramount-Warner Bros. Discovery Will Be 38.5% Owned by Middle Eastern Funds Following Close: Filing (variety.com)
submitted 2 weeks ago by Skavau@piefed.social to c/television@piefed.social
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[–] Prove_your_argument@piefed.social 15 points 2 weeks ago (1 children)

Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors

That's a lot.

Paramount has previously said foreign investors backing its WBD takeover will not have board seats or voting shares.

Uh huh.

[–] tidderuuf@lemmy.world 6 points 2 weeks ago (1 children)

Are you telling me the board proxy voter "Meyalus Nib Demha" is not some scrawny white dude from San Francisco?

[–] Prove_your_argument@piefed.social 1 points 2 weeks ago

Honestly it could be. Don’t all the wealthy oil producers people send their kids to western schools?

Besides being pedantic though, come on. We know they end up being the majority.