( June 4, 2026, 21:13 GMT | Official Statement) -- MLex Summary: Paramount Skydance's proposed buyout of rival film and television studio Warner Bros. Discovery should be thoroughly vetted by the Committee on Foreign Investment in the United States, because the deal relies on foreign investors, congressional Democrats wrote in a letter to US Treasury Secretary Scott Bessent. "There are multiple ways this deal could pose a national security threat," the lawmakers wrote. "Even as passive investors without a controlling interest in the company, these foreign entities could be in position to gain sensitive information on Americans’ financial and other personal information, and their viewing habits, as well as the ability to influence the content produced by and provided on a massive media conglomerate." See attached letter. Press release follows....
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