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Senate Democrats call for FCC probe into foreign funding in Paramount Skydance-Warner Bros. Discovery deal.

Market News
23 Mar 2026
Namrata Sen
View Source
Neutral
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Senate Democrats, including Chuck Schumer and Elizabeth Warren, have urged the FCC to rigorously investigate foreign investments from China and Gulf states in the Paramount Skydance acquisition of Warner Bros. Discovery. They are concerned that despite no governance rights, these investors could still influence CNN's editorial and business decisions. The deal, valued at around $111 billion, faces scrutiny amid political and legal controversies, including a lawsuit alleging involvement of former President Trump. Paramount and Warner Bros. Discovery have yet to comment on the investigation request.

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