Dem senators call on FCC to pause Paramount-Warner Bros deal on national security grounds [View all]

Source: The Hill

06/19/26 11:03 PM ET


Three Democratic senators are pressing the Federal Communications Commission (FCC) to halt a merger between Paramount and Warner Bros. Discovery, warning that the deal could pose a national security risk due to the involvement of foreign investors.

Sens. Cory Booker (D-N.J.), Adam Schiff (D-Calif.) and Elizabeth Warren (D-Mass.) urged FCC Chairman Brendan Carr in a joint letter on Thursday to “block any premature closing” of the merger until a full review of foreign ownership interests is completed.

“That review must rigorously assess the national security threats posed by foreign government investment in one of the nation’s largest news media companies,” they wrote.

The senators cited financial disclosures showing that foreign investors would hold an approximately 49.5 percent ownership stake in the combined company once the deal closes.

Read more: https://thehill.com/media/5932485-paramount-warner-merger-democrats/