The Federal Communications Commission has greenlit Paramount’s petition to allow foreign investors to own at least 49.5 percent of its equity—should the media behemoth successfully acquire Warner Bros. Discovery.

  • FiniteBanjo@feddit.online
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    1
    ·
    12 hours ago

    China’s been pushing down hard on the movie industry for decades. The majority of AMC executives put friendliness with China in the bio on their profiles. Disney capitulates to China to the extent that they’re willing to remake posters excluding african americans.