Latest Media Merger News & Updates

Washington, May 22 (IANS) Democratic senators have raised national security and press freedom concerns over a proposed media merger that could allow sovereign wealth funds from Saudi Arabia, the United Arab Emirates and Qatar to acquire major stakes in Paramount Global and its broadcast television assets, including CBS-owned stations and potentially CNN.In a letter to Federal Communications Commission (FCC) Chairman Brendan Carr, six senators led by Maria Cantwell and Ben Ray Lujan urged a “ri…