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.

...

you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 3 weeks ago

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.

  • source
  • parent