Paramount Skydance is asking the Federal Communications Commission to approve the Middle East's equity investment in its $110 billion merger with Warner Bros. Discovery. According to a public notice by the FCC on Monday,

By Jody Godoy and David Shepardson April 27 (Reuters) - Paramount Skydance has asked the U.S. Federal Communications Commission to greenlight foreign investments backing its acquisition of Warner Bros Discovery,

When Warner Bros. Discovery shareholders voted last Thursday on the Ellison family’s purchase of the company, the result wasn’t exactly close. Approximately 1.743 billion shares were cast in favor of the sale, while just 16.3 million were cast against it. That’s a ratio of roughly 99-to-1.