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.

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[–] 109 points 1 month ago (1 child)

Republicans and AIPAC dems are selling out every piece of America and its citizens at record pace since their polling is at record lows

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  • [–] 64 points 1 month ago (11 children)

    So basically it's an auction to the highest bidder for control over US media landscape.

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  • [–] 29 points 1 month ago (9 children)

    Gonna be Saudi Arabia taking majority stakes there, no doubt about it.

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  • [–] 8 points 1 month ago (5 children)

    If China wanted to they could drown the saudis out

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  • [–] 21 points 1 month ago (3 children)

    China's game may be to let the rest of the world eat each other and then step in to the chaos left.

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  • [–] 11 points 1 month ago (1 child)

    It's probably in their interest to continue having a lot of stupid Americans with money to buy their products while they hold our debt. Unless another market exists to replace us, we can't be allowed to completely collapse. Not that it's much better being in limbo.

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  • [–] 3 points 1 month ago

    While China definitely wouldn't want to lose the US market entirely, I'm pretty sure at this point they consider the EU market a lot more important. Which is why they won't allow Putin to nuke Kiev.

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  • [–] 1 point 1 month ago (1 child)

    Will it? How much money do they have after all the necessary oil infrastructure repairs? Or are they giving up on oil to become American oligarchs?

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  • [–] 4 points 1 month ago

    SA has majorly diversified their holdings over the last decade or so. They're no longer solely dependent on Aramco (although still majorly). Specifically they own a lot of the global media landscape, both outright and through more... obscure means.

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  • [–] 43 points 1 month ago (5 children)

    But wouldn't allow a Chinese company to own a social media site operating in the US.

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  • [–] 8 points 1 month ago

    The bribes didn't go through yet.

    Side thought, I don't think the current political structure of the US would suit china, if they ended up holding soft power over it. I think they'd purge people pretty quickly.

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  • [–] 79 points 1 month ago

    Allowing the LEADERS OF 9/11 to CONTROL OUR NEWS is putting America First!

    -LITERALLY Republicans!

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  • [–] 23 points 1 month ago

    Osama bin Laden is laughing his ass off!

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  • [–] 22 points 1 month ago (1 child)

    Finally, I can buy Fox News and turn it into what it was meant to be: 24/7 news about foxes

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  • [–] 19 points 1 month ago

    Nice. certain countries I can't mention here can skip the middle man and just own our propoganda outlets directly.

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  • [–] 16 points 1 month ago (1 child)

    Basically nothing could go wrong, because Israel and the oil lobby already owns all the media lol

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  • [–] 14 points 1 month ago* (last edited 1 month ago) (2 children)

    Come on Canada, you know what to do.

    Actually I'm not sure it's worth it. It's still giving money to Americans. But it would be funny to be able to inundate them with propaganda of our choice.

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  • [–] 12 points 1 month ago (5 children)
  • [–] 3 points 1 month ago* (3 children)

    America “first” is always America last, always

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  • [–] 1 point 1 month ago (2 children)

    What are you talking about? Americans are going to make big profits off this

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  • [–] 10 points 1 month ago

    I'd love to see this smug asshole thrown in prison. The way douchenozzles like him pretend they are being above board on everything while gaslighting everyone.

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  • [–] 9 points 1 month ago (4 children)

    trump is the FCC. Why show that bald, glasses guy?

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  • [–] [S] 8 points 1 month ago (2 children)

    He's the Chairman of the FCC Brendan Carr.

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  • [–] 8 points 1 month ago (3 children)

    This just means that no one watches TV news anymore. God knows, its been 27 years since I have.

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  • [–] 5 points 1 month ago (2 children)

    This just means that no one watches TV news anymore. I have free cable, long story, and I still don't watch it.

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  • [–] 2 points 1 month ago* (1 child)

    Indeed. I had a choice to make when broadband was first rolled out in my hometown. Pay for cable TV or internet. Didn't have the capability for both, and figured that paying for a two-way communication service was a better deal, so the cable TV was cut in '99.

    I used to watch the network nightly news on youtube but I noticed that the programming got shorter and shorter each year.. as the commericals took more of the half-hour airtime.. it was like.. naaah.. so quit it all and switched to news journals and independent sources.

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  • [–] 2 points 1 month ago

    Oh yeah, you could actually watch a movie on TV around then. Now all I think is STFU whenever I an advertisement for anything comes up. Adding in all the websites that are like sign up! make an account! pay us please, turn off your adblocker (on my phone I use a neutral DNS lol.)

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  • [–] 8 points 1 month ago

    I bet it's the saudis.

    Great crowd to be friends with...

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  • [–] 7 points 1 month ago (1 child)

    Isn’t Rupert Murdock Australian?

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  • [–] 6 points 1 month ago (2 children)

    If you were writing the story of the end of the American Empire you would be right around the part where leadership was selling out to the highest bidder to try to save themselves.

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  • [–] 2 points 1 month ago* (1 child)

    Save themselves from what? As the country continues to deteriorate, the parasites profiting from its downfall will just go somewhere else. They can afford it.

    It's the dumbasses that keep supporting these con artists that are going to suffer.

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  • [–] 5 points 1 month ago

    Late stage capitalism. Line must go up!

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  • [–] 4 points 1 month ago* (last edited 1 month ago)

    Middle Eastern royalty, Putin, and Xi Jinping can now influence US elections just like the US can influence Canadian elections through Postmedia Network. The prize of national lawmaking now goes to the highest international bidder. Very consistent with Jabba the Hutt willing to have the oil industry keeping him "elected".

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  • [–] 7 points 1 month ago

    So not JUST Israel? Let's be real. This is in reality just a way to legalize Zionist interest. It's not like they're gonna let the CCP start a media station

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  • [–] 6 points 1 month ago (1 child)

    Ask any other country, where US money is in every media.

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  • [–] 3 points 1 month ago

    He looks exactly like what you’d expect

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  • [–] 2 points 1 month ago

    Star Trek is gonna be weird

    Assuming there still is going to be new Trek…

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  • [–] 2 points 1 month ago

    Citizens United not killing the nation fast enough?

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  • [–] 2 points 1 month 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.

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  • [–] 1 point 1 month ago
    [–] 1 point 1 month ago (4 children)

    Ok, so what americans demand from ever other country is to gain access and control over their media. But its not ok for foreigners to do the same thing?

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  • [–] 3 points 1 month ago (2 children)

    Fair point, but also a nontrivial amount of the blame for the rise of US fascism can be placed at the feet of an Australian media mogul.

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  • [+] 1 point 1 month ago (2 children)
  • [–] 4 points 1 month ago

    Doesn't change that Australia made him who he is. He was over 50 and trying to expand his media empire when he changed citizenship. It's not like America turned a good Aussie bad.

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  • [–] 1 point 1 month ago

    Why would we get upset over foreign investment but not domestic investment?

    It's not like either of them have our best interests at hand.

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  • 3 comments in c/fauxmoi@sh.itjust.works view that post
    [–] 5 points 1 month ago (1 child)

    The framing of the article is a bit odd. Fox was owned by Australians and as far as I know, Newscorp, the news side of Fox, still is.

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  • [–] [S] 1 point 1 month ago*

    It's cuz the investors are the scary brown folks /s. Plus, I imagine the reporter on this story is also concerned about press freedoms in the those respective countries, how they plan on using their influence, etc. I know some folks have ditched EA because they don't trust the new investors either.

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  • [–] 1 point 1 month ago

    Rupert Murdock.

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