Business

FCC Approves Sale of Equity Stake to Foreign Governments

Updated 2026-09-18 19:40 UTC 1 source Negative

The FCC has approved the sale of a 49.5% equity stake in CBS by Paramount to Saudi Arabia, UAE, and Qatar despite concerns about repressive governments.

Coverage timeline — 1 article

Ars Technica

FCC lets Paramount sell 49.5% equity stake to Saudi Arabia, UAE, and Qatar

FCC rejects concerns about repressive governments buying influence over CBS owner.

2026-09-18 17:57 UTC