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Paramount Global nominated three new members to its board of directors and one stepped down, bringing the total to seven as the media and entertainment company faces a lawsuit from the US president ...
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Group files FCC protest regarding merger of Paramount, SkydanceFirst, the company believes that Skydance’s investment in the Chinese media company Tencent Holdings Ltd. could raise questions about foreign influence in the American media. Next, the group ...
Further, members of Congress and conservative critics have raised national security concerns because they say Tencent Holdings, a minority investor in Santa Monica-based Skydance, has ties to ...
The Skydance lawyers said it was “nonsense” to suggest that the passive investment of Tencent in the newly merged company would “afford the Chinese government influence over New Paramount ...
If anyone other than President Trump himself claims to know what antitrust policy will be under Trump 2.0, be wary. Disregard much of the conventional wisdom that has governed corporate mergers up ...
In addition to the “60 Minutes” interview controversy, critics have focused on Chinese media company Tencent’s minority stake in Skydance as an obstacle to approval. Some conservatives and ...
Tencent Holdings (OTCPK:TCEHY) shouldn't be allowed to own part of the combined Paramount Global (NASDAQ:PARA) and SkyDance Media, the head of US Senate's Intelligence Committee wrote on Thursday.
It also targeted an investment in Skydance from Tencent Holdings, saying its less than 5% stake raises “troubling questions about undue foreign influence from China” and claiming that Skydance ...
Michigan Representative John Moolenaar, chair of the House China Select Committee has expressed concerns over the Skydance deal because Tencent, a company with ties to the Chinese military, would ...
Earlier this month the US Department of Defense added Tencent to a list of firms that allegedly work for the Chinese military. New FCC Chair Brendan Carr was expected to give Skydance a tough ...
(Bloomberg) -- CBS owner Paramount Global’s merger with film and TV producer Skydance Media should be reviewed by federal authorities because of the participation of China’s Tencent Holdings ...
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