Foreign Influence Over American Media: A Recipe for Trouble The Federal Communications Commission's (FCC) decision to allow Gulf state wealth funds to own nearly half of Paramount Warner Bros.
has sent shockwaves through the media and politics communities. This move waives existing rules on foreign equity ownership, raising serious concerns about external influence over American media.
The FCC's motivation for making this exception is unclear, but its own rules dictate that foreign entities should hold no more than 25 percent of a media company's equity.