Democratic Senators Urge FCC to Block Closing of Paramount-Warner Bros. Merger Until Review of Deal’s Foreign Investment Concludes

By Todd Spangler

Todd Spangler

NY Digital Editor

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Three Democratic U.S. senators are urging the FCC to prevent Paramount Skydance from closing its $111 billion merger with Warner Bros. Discovery until the government’s national security review of the foreign investors in the deal has run its course.

In a letter dated June 18 sent to FCC Chairman Brendan Carr, the lawmakers — Sens. Cory Booker (D-N.J.), Elizabeth Warren (D-Mass.) and Adam Schiff (D-Calif.) — cited Paramount’s April 24 petition seeking a declaratory ruling from the FCC for approval of “significant foreign investment.”

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