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FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

https://deadline.com/2026/04/paramount-fcc-request-wbd-merger-middle-east-1236873732/
67•throw0101c•1h ago

Comments

fusslo•1h ago
> Saudi Arabia’s Private Investment Fund will have the largest share of the three Middle Eastern funds, a greater equity piece than Qatar or Abu Dhabi. Together, the three Persian Gulf states are putting $24 billion into the new company.
randusername•15m ago
This is a plotline in the black comedy series Succession. What a time to be alive.
BowBun•1h ago
I don't understand how decisions like these align with the supposed "America First" rhetoric coming from the same side. Specifically - this deal is being led by the son of the president of the USA who was elected on promises of "bringing jobs back to America" and prioritizing domestic investments.

Seems to me like they say one thing, do another, and all of us hold the bag at the end of it all.

JohnTHaller•1h ago
They don't align with it. They've never aligned with it. It was always a lie.
warkdarrior•1h ago
> Seems to me like they say one thing, do another, and all of us hold the bag at the end of it all.

On the other hand they kept their promises of deporting and killing immigrants, and of getting rid of woke ideas like science and education.

toast0•1h ago
Yeah, election promises and post-election behavior aren't really correlated in general. I think this administration is worse than the average, but still.

Past talking points are not indicative of future behavior.

etchalon•33m ago
They're generally fairly correlated?
cestith•15m ago
Lots of politicians fail to deliver. This administration just flat out lied about their priorities.
throw0101a•58m ago
> Seems to me like they say one thing, do another, and all of us hold the bag at the end of it all.

Yup.

It's the same lie that the GOP cares about deficits and debt… except when they're in power and want to do tax cuts for the rich.

owlcompliance•26m ago
As a former staunch Republican, if there's one thing I've learned, it's that both parties have sold us out. I disagree with a lot of the Left's policies and many on the Right as well, but both parties advocate, in theory, for several things that would benefit all Americans -- yet it never happens. Republicans advocate for fiscal responsibility -- never happens. Democrats advocate for things like healthcare and cancelling student loans -- never happens. The Democrats held the House, Senate, and Presidency in 2021 for two years. The Republicans currently hold the House, Senate, and Presidency right now.

They're in power for themselves and their disregard for us is by design.

cwal37•20m ago
What did Republican appointees on the Supreme Court have to say about student loan forgiveness?

Who not only fights tooth and nail against healthcare improvements but actively took money from existing programs to fund a national police and detainment apparatus?

Which party produced the most meaningful (albeit not far enough) healthcare reform of the 21st century in the US?

Those examples in particular are quite rough to try and both sides.

throw0101c•18m ago
> Republicans advocate for fiscal responsibility -- never happens. Democrats advocate for things like healthcare and cancelling student loans -- never happens.

From what I've seen, Republicans don't bother trying. Democrats try and get blocked by the GOP; not sure if they can 'try harder' or find ways around the blocking. Biden certainly tried on student loans and got shot down:

* https://www.presidency.ucsb.edu/documents/white-house-press-...

After trying to be bi-partisan with the ACA/Obamacare the Democrats just went forward with it

tempaccount5050•9m ago
If republicans took control of a household, they would just not buy groceries, cleaning supplies, ignore the utility bill, and not put gas in the car. They'd say "look how much we saved! We don't need any of that!" Then when the next person comes along and pays the bills they'd cry "tax and spend! Wasteful!" Pretending they've ever given a damn about fiscal responsibility is absurd. Fiscal responsibility is providing healthcare, education, and social safety nets because it's far far more expensive not to. But sure, buying more police and not addressing the root cause of crime is totally a net savings. They are like this with every single issue that matters.
triceratops•7m ago
> Democrats advocate for things like healthcare and cancelling student loans -- never happens

Obama got Obamacare done in the small 6 month window when Democrats could pass legislation without Republicans blocking them. Biden tried to cancel student loans and was blocked in court because surprise, surprise, Republicans wouldn't allow it to go through Congress.

> The Democrats held the House, Senate, and Presidency in 2021 for two years

Read up on the Senate filibuster so you can understand why this didn't work out.

In theory both parties are part of the same system and complicit and corrupt. In actual practice one party is much worse than the other. By a lot.

rootusrootus•58m ago
I'm very familiar with political slogans always being largely bullshit, but the degree to which 'America First' or 'Make America Great Again' seem to be diametrically opposed to the real intentions is breathtaking.
femiagbabiaka•55m ago
At least in part, they legitimately see Saudi Arabia, Qatar, Israel, and now Syria, as part of the American empire. I would argue this is a bipartisan elite belief as well, you see Dem current and former elected's lobbying and giving talks where policy is dictated in those countries all the time, investing and being invested in by those countries all the time.
hdndjsbbs•30m ago
It's funny to me that the average American is Islamophobic, but the US government sharply divides middle eastern countries based on alliances (and how rich they are). Qatari Emir? You're a friend of the US government. Poor Pakistani? Enemy. Lebanese farmer? We'll think about it.
xnx•53m ago
You're right to be confused when you assume good faith on their part, it's utterly predictable when you take every public statement to be the exact opposite of what will happen: "small government", "fiscal responsibility", "tough on crime", "no new wars", "America will be respected again", etc. etc.
esbranson•31m ago
What does majority US control of a US company have to do with US government "America First" policy?

And I don't think de-prioritizing foreign investments is part of that policy.

NickC25•57m ago
FTA:

>The stat came to light in a request Monday by Paramount for approval of the foreign ownership stake by the FCC. The company said the arrangement, including a 38.5% holding shared by three Middle East investment funds, will give the combined company “greater access to capital.” The infusion of financial resources will enable Paramount to “compete more effectively in the provision of television broadcast services and in the broader video programming marketplace,” the filing said. Saudi Arabia’s Private Investment Fund will have the largest share of the three Middle Eastern funds, a greater equity piece than Qatar or Abu Dhabi. Together, the three Persian Gulf states are putting $24 billion into the new company.

So, let me get this straight.

Here's a guy worth hundreds of billions through his founding of a company that supports surveilence capitalism, and is considered to be a leech on the government. Doesn't pay his taxes. He fires people by the thousands.

This guy has donated over $30 million dollars to a nuclear-armed foreign nation's military....One that has currently got our military engaged in a quagmire in Iran....and has attacked our ships in the past (USS Liberty).

He wants to buy one of the largest news organizations in the country, one that happens to be diametrically opposed to his political beliefs and donations.

Instead of financing it all himself, he's turning to Saudi Arabia, a nation that has sponsored terrorist attacks against us within the last 30 years, and has used its money and resources to spread a violent sect of Islam all around the world (Wahhabi).

This entity will control one of this country's most storied film studios (WB), and one of this country's major news networks...the only one on its "side" of the political spectrum.

I'm sorry...but what the fuck?

EDIT: this appeared to touch a nerve with some. Great! Ellison is an asshole and Oracle sucks. Ellison should pay his taxes. Israel has nukes and some of their interests aren't parallel to ours, and we shouldn't give them money to further their genocidal interests. The Saudis' money and actions don't support the US at times which has cost us money and lives - they should not own our media. Ellison should use his own money to buy shit if he wants it so badly.

eps•41m ago
They will also own CNN.
Ritewut•25m ago
They likely will but even for them it will be a long fight. State AGs are suing to stop this acquisition in droves. Even if they lose, which I expect they will, I don't anticipate they will get CNN before midterms like they want.
great_wubwub•23m ago
This is the scariest part.

AI uncovers 38 vulnerabilities in largest open source medical record software

https://aisle.com/blog/aisle-discovers-38-critical-security-vulnerabilities-in-healthcare-softwar...
72•mmsc•1h ago•54 comments

Localsend: An open-source cross-platform alternative to AirDrop

https://github.com/localsend/localsend
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Microsoft VibeVoice: Open-Source Frontier Voice AI

https://github.com/microsoft/VibeVoice
212•tosh•5h ago•134 comments

Google and Pentagon reportedly agree on deal for 'any lawful' use of AI

https://www.theverge.com/ai-artificial-intelligence/919494/google-pentagon-classified-ai-deal
129•granzymes•1h ago•105 comments

Laguna XS.2 and M.1

https://poolside.ai/blog/laguna-a-deeper-dive
29•tosh•1h ago•8 comments

Your phone is about to stop being yours

https://keepandroidopen.org/en/
288•doener•2h ago•153 comments

Infisical (YC W23) Is Hiring Full Stack Software Engineers (Remote)

https://jobs.ashbyhq.com/infisical/782b9da8-20e1-48b2-919e-6c5430c58628
1•vmatsiiako•26m ago

Show HN: Live Sun and Moon Dashboard with NASA Footage

https://www.lumara-space.app/
90•beeswaxpat•4h ago•20 comments

AI's Economics Don't Make Sense

https://www.wheresyoured.at/ais-economics-dont-make-sense/
50•spking•46m ago•10 comments

FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger

https://deadline.com/2026/04/paramount-fcc-request-wbd-merger-middle-east-1236873732/
70•throw0101c•1h ago•26 comments

Anthropic Joins the Blender Development Fund as Corporate Patron

https://www.blender.org/press/anthropic-joins-the-blender-development-fund-as-corporate-patron/
152•Philpax•1h ago•119 comments

Deep under Antarctic ice, a long-predicted cosmic whisper breaks through

https://phys.org/news/2026-04-deep-antarctic-ice-cosmic-strange.html
72•rbanffy•1d ago•34 comments

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https://nesbitt.io/2026/04/28/github-actions-is-the-weakest-link.html
88•dochtman•5h ago•14 comments

I have officially retired from Emacs

https://nullprogram.com/blog/2026/04/26/
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Who owns the code Claude Code wrote?

https://legallayer.substack.com/p/who-owns-the-claude-code-wrote
71•senaevren•6h ago•97 comments

Talkie: a 13B vintage language model from 1930

https://talkie-lm.com/introducing-talkie
560•jekude•19h ago•231 comments

ASML became the chokepoint for cutting-edge chips

https://worksinprogress.co/issue/the-worlds-most-complex-machine/
238•mellosouls•3d ago•137 comments

Greece to ban anonymity on social media

https://www.euractiv.com/news/greece-to-ban-anonymity-on-social-media/
56•01-_-•1h ago•37 comments

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https://github.blog/changelog/2026-04-27-github-copilot-code-review-will-start-consuming-github-a...
142•whtsky•8h ago•111 comments

UAE Leaves OPEC and OPEC+

https://www.reuters.com/markets/commodities/uae-says-it-quits-opec-opec-statement-2026-04-28/
248•TechTechTech•4h ago•123 comments

Can You Find the Comet?

https://apod.nasa.gov/apod/ap260427.html
112•ColinWright•1d ago•73 comments

PyWry: Cross-Platform Rendering Engine in Python

https://deeleeramone.github.io/PyWry/
15•filipovic•1d ago•4 comments

After Spain's blackout, its shift to renewables and grid evolution power on

https://www.theguardian.com/world/2026/apr/28/blackout-spain-renewable-energy-grid-solar-wind
30•lentil_soup•1h ago•2 comments

Cybersec is a thankless job: expanding workload and shrinking pay packet

https://www.theregister.com/2026/04/27/from_a_massive_skills_gap/
27•rustoo•1h ago•11 comments

I Spent My Sabbatical Building a Power Meter for Sledgehammers

https://leblancfg.com/intensity-pad-founder-story.html
59•alin23•1d ago•45 comments

Period tracking app has been selling data to Meta

https://femtechdesigndesk.substack.com/p/your-period-tracking-app-has-been
241•campuscodi•5h ago•157 comments

Voice Modems

https://computer.rip/2026-04-26-voice-modems.html
49•K7PJP•1d ago•6 comments

The predictable failure of the QDay Prize

https://algassert.com/post/2601
44•firefly284•2d ago•4 comments

Is my blue your blue? (2024)

https://ismy.blue/
661•theogravity•21h ago•442 comments

WASM is not quite a stack machine

https://purplesyringa.moe/blog/wasm-is-not-quite-a-stack-machine/
133•signa11•12h ago•41 comments