Reposted by traceexistence
It should be illegal to buy a company with debt and then sell it off to a foreign owner, but that fight was lost long ago. Anyway, now the Saudis own a truly distressing portion of American entertainment, from Hollywood to Video Games to Sports. This is not neutral behavior. Anyway.
arstechnica.com
FCC lets Paramount sell 49.5% equity stake to Saudi Arabia, UAE, and Qatar
FCC rejects concerns about repressive governments buying influence over CBS owner.
