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.

  • frustrated_phagocytosis@fedia.io
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    2 days ago

    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.

    • Ex Nummis@lemmy.world
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      1 day 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.