Congressional Democrats Say Paramount’s Bid for Warner Raises ‘Serious National Security Concerns’

House Democrats Say They Could Undo a Paramount-Warner Bros. Discovery Deal

Angelina Katsanis/Angelina Katsanis/POLITICODemocratic Reps. Sam Liccardo and Ayanna Pressley sent a letter to the board of Warner Bros. Discovery on Wednesday, threatening to unravel any potential takeover of the media giant by Paramount Skydance when the party retakes Congress or the White House.The lawmakers cited national security concerns as the main reason for their skepticism of any potential deal. They noted the bid is backed by Affinity…

Congressional Democrats say Paramount’s bid for Warner raises ‘serious national security concerns’

Congressional Democrats are sounding alarms over the deep involvement of Saudi Arabian and other Middle Eastern royal families in Paramount’s proposed bid for Warner Bros. Discovery.

South Bay Congressman Raises National Security Concerns About Paramount Hostile Takeover Bid of Warner Bros.

The corporate drama gripping Hollywood right now could have national security implications, says South Bay Congressman Sam Liccardo in a new joint letter to the board of Warner Bros. Discovery.You've likely heard that David Ellison, the son of Larry Ellison, and his company Skydance, completed an $8 billion merger with Paramount in August. And reporting by the New York Times and others suggests that Ellison had planned to then go after an acquis…

Congress tells Warner Bros. to file with CFIUS if it picks a foreign-backed bid

Democratic Lawmakers Warn Warner Bros. Discovery Of National Security Concerns In Paramount Bid Because Of Saudi And Other Foreign Investors

The two House members said that the transaction should undergo a Committee on Foreign Investment review.

Democratic lawmakers say Paramount bid for Warner raises 'serious national security concerns'

Royal families from Saudi Arabia, Qatar and Abu Dhabi would contribute $24 billion to the Larry Ellison bid.