# Paramount Skydance asked the US Federal Communications Commission to greenlight the foreign investments backing its acquisition of Warner Bros Discovery.

*business · news · 2026-04-27 · The Manila Times*

## Key points

- Paramount Skydance has formally requested FCC approval for foreign investments in its Warner Bros deal.
- Foreign investors will hold just under 50% of Paramount's equity after the acquisition.
- David Ellison's family will retain control of Paramount's voting shares despite new foreign investment.
- Saudi PIF, Abu Dhabi’s L’imad Holding, and Qatar’s QIA have agreed to finance the takeover.

**Companies:** Paramount, Warner Bros Discovery
**Countries:** United States, Saudi Arabia, United Arab Emirates, Qatar

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/04/28/entertainment-lifestyle/paramount-seeks-fcc-approval-for-foreign-investors-helping-fund-warner-bros-acquisition/2329639)

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