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Paramount to be 49.5% Foreign-Owned, Middle-East Holds 24%

4/28/2026

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Story summary
  • Paramount will be 49.5% owned by non-U.S. investors after its merger with Warner Bros.
  • Three Middle-East funds will hold a combined 24% stake and have no voting control.
  • The $110 billion merger cleared regulatory hurdles and targets completion by September 2026 while state attorneys general review legal options.
  • Netflix flagged the foreign-ownership issue, while FCC Chairman Brendan Carr declined to confirm attendance at a dinner with President Donald Trump.