FCC Funding Application Notes Paramount Will Be 49.5% Foreign-Owned Post-Merger
Foreign ownership & media influence
- Many worry about nearly half of Paramount (and associated assets like CNN, CBS, HBO) ending up owned by Gulf sovereign wealth funds.
- Concerns center on potential content shifts toward the political and cultural preferences of those governments (e.g., soft-pedaling critical coverage, changing entertainment standards).
- One commenter argues media companies should have zero foreign ownership; another questions how that principle would apply to dual citizens.
“America First” rhetoric vs actions
- Multiple comments see the deal as contradicting “America First” / “MAGA” promises about jobs, domestic investment, and national control.
- Some frame the slogan as always having been a lie or mere marketing for self‑enrichment.
- Others say foreign direct investment is economically positive and not inherently at odds with such rhetoric.
US party politics and policy follow-through
- Debate over whether politicians generally keep promises:
- Some insist most try but are blocked by institutions.
- Others see pervasive bad faith and say both parties have “sold us out.”
- Strong disagreement on “both-sides” framing:
- One side argues Democrats at least try on healthcare and student debt but are blocked by Republicans and courts.
- Another emphasizes that both parties use propaganda, protect donors, and avoid obvious popular reforms (e.g., marijuana legalization).
California as governance case study
- California is used as an example in both directions:
- Critics say it shows one-party Democratic rule still produces high taxes, infrastructure failures, and housing crises.
- Defenders counter that it remains one of the world’s largest economies with major advantages (education, environment, rights), and many structural problems (like Prop 13) aren’t purely partisan.
Middle East alliances & Islamophobia
- Some note the irony that US elites eagerly partner with rich Gulf states while parts of the US electorate remain Islamophobic.
- Discussion touches on how urban/rural divides, education, and exposure to Muslims may shape attitudes, with disagreement over how strong those effects are.
Media power, cable decline & new platforms
- Several argue CNN and cable news are now niche, aging-audience outlets with limited political influence compared with YouTube, TikTok, and independent creators.
- Others respond that even diminished legacy outlets still matter for agenda-setting and election-night legitimacy.