Paramount foreign ownership waiver likely to be granted, US FCC commissioner says
By Wesley Brown ( June 10, 2026, 19:42 GMT | Insight) -- Paramount Global’s request for increased allowances of foreign ownership is likely to be waved through by the US Federal Communications Commission, according to Commissioner Anna M. Gomez. While testifying before the House Judiciary Committee in a hearing examining the Sports Broadcasting Act, Gomez spoke on increased media consolidation, which includes Paramount’s request because its acquisition of Warner Bros. Discovery involves financing from sovereign wealth funds.Paramount Global’s request for expanded foreign ownership authority is likely to be approved by the US Federal Communications Commission, according to FCC Commissioner Anna M. Gomez, who criticized the agency's handling of the matter during congressional testimony....
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.