Senate Democrats Implore FCC Chair to Conduct ‘Rigorous’ Review of Paramount-Warner Bros. Merger Foreign Investment: Deal ‘Raises National Security Alarms’

By Todd Spangler

Todd Spangler

NY Digital Editor

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Democratic senators are again urging the FCC to not rubber-stamp Paramount Skydance‘s proposed $111 billion takeover of Warner Bros. Discovery — citing concerns over foreign investors, including Middle Eastern wealth funds, that are backing the pact.

The pending Paramount-WBD merger “raises national security alarms,” according to the senators, led by U.S. Sen. Maria Cantwell (D-Wash.), the ranking member of the Senate Committee on Commerce, Science and Transportation. The group sent a letter May 20 to FCC Chairman Brendan Carr outlining their concerns. That came after another group of Senate Democrats sent the agency chief a similar letter two months ago.

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