Paramount says Ellisons, RedBird will have 100% of voting shares after Warner merger
( September 17, 2026, 21:11 GMT | Official Statement) -- MLex Summary: Paramount said a US Federal Communications Commission ruling granting its petition for foreign investors to indirectly hold equity in excess of 25 percent of the movie studio followed completion of the national security review by the Committee for the Assessment of Foreign Participation in the US Telecommunications Services Sector (Team Telecom), which recommended approval. "When the proposed transaction with Warner Bros. Discovery closes, the Ellison family and RedBird will collectively hold the largest equity stake in the combined company and 100% of the voting shares, with no other equity participant having any governance rights," Paramount said in a statement.Statement follows below:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.