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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Don't worry, of elect Democrats, I'm sure they'll fix it
Allowing the LEADERS OF 9/11 to CONTROL OUR NEWS is putting America First!
-LITERALLY Republicans!
So basically it's an auction to the highest bidder for control over US media landscape.
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.
China won't be invited to the auction. Maybe we'll let in South Korea or India, though.
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.
auction to the highest bidder
Literally how media ad space has always been sold.
The Chinese didn't paid enough
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.
Capitalism is a big club, and the socialists ain’t in it.
Osama bin Laden is laughing his ass off!
Finally, I can buy Fox News and turn it into what it was meant to be: 24/7 news about foxes
Basically nothing could go wrong, because Israel and the oil lobby already owns all the media lol
Who else is going to buy in?
The Saudis? They don't have any money right now. The Dutch maybe? Brazil?
Hmmm. Canada could buy 49% of Fox. Some sympathetic American group 2% and slowly make it sane.
aMEriCA fIrST
America “first” is always America last, always
What are you talking about? Americans are going to make big profits off this
I don’t really count the Epstein class as Americans. But that’s just me.
Nothing more American than kidnapping children to feed them to the Reich
Not if foreign investors control US media.
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.
More like seat warmer, am I right, folks?
Stick around, we have a great show for you tonight aaaaaand we just got cancelled for that joke I just did
Someone has to implement tiny-d donnie's vibes, though.
Yes, we know he's all-in on the actual cancel culture that cons crave, so donnie picked him for that reason.
I bet it's the saudis.
Great crowd to be friends with...
This just means that no one watches TV news anymore. God knows, its been 27 years since I have.
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.
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.)
He renounced his Australian citizenship in 1985, when he became a full US citizen.
Ask any other country, where US money is in every media.
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.
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.
That’s my point, the parasites (that don’t have the means quite yet) are gathering up everything they can sell and trying to collect what they can so they can try to survive what is coming.
Late stage capitalism. Line must go up!
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".
Citizens United not killing the nation fast enough?
Star Trek is gonna be weird
Assuming there still is going to be new Trek…
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.
Renouncing your citizenship doesn't change your origin
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@lemmy.world
Welcome to the News community!
Rules:
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
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Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
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Republicans and AIPAC dems are selling out every piece of America and its citizens at record pace since their polling is at record lows
save