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Congressman Urges FCC to Deny Paramount-WBD Middle East Investment

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Congressman Sam Liccardo is urging FCC chairman Brendan Carr to deny Paramount Skydance’s petition that would allow three Middle Eastern sovereign wealth funds and other foreign investors to acquire 49.5% of the equity of the company following its merger with Warner Bros. Discovery.

Together, Saudi Arabia, Abu Dhabi and Qatar would control a combined 38.5% non-voting stake, exceeding the FCC’s statutory 25% threshold for foreign ownership. Other foreign equity owners include “passive limited partner investors” in funds managed by RedBird Capital Partners, which would account for 5.8%, and foreign-based entities that have acquired the company’s Class B stock, who would control 5.2%.

Paramount has argued that it would not result in a transfer of control and that the Ellison family and RedBird Capital Partners would hold the largest equity stake in the company. But Liccardo argues that the “procedural subtlety of restricting these sovereign funds to non-voting equity shares does not resolve this conflict.”

“Paramount characterizes this arrangement as routine passive foreign investment.It cannot gaslight the American public,” he wrote. “The scale of their ownership alone constitutes more than mere influence; the company’s financial dependence makes it beholden to its largest shareholders. The Commission must not allow a legal technicality to launder what is, in substance, a surrender of American media and infrastructure to the hands of foreign authoritarian regimes.”

Liccardo also notes that Paramount’s filing seeks a declaratory ruling authorizing up to 100 percent foreign equity ownership in its broadcast
licensees.

“The company disingenuously dismisses this as a “procedural maneuver,” but the Commission should not fall for it. The sovereign wealth funds involved represent authoritarian regimes with complex and, at times, adversarial relationships with U.S. foreign policy objectives and norms of press freedom,” Liccardo’s letter continues. “The Commission’s public interest standard is not satisfied merely by confirming that domestic parties hold voting shares. Broadcast licensees bear affirmative obligations to serve local communities, maintain editorial independence, and support a robust and free press. The financial architecture of this deal — in which foreign sovereign entities provide most of the equity capital—creates structural dependencies and incentive distortions incompatible with these obligations, regardless of formal voting arrangements.”

More to come…

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‘SNL’: Jalen Brunson Dunks On ‘High School Musical ‘ Lead In S52 Premiere

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Following the Knicks’ big win at Madison Square Garden, Jalen Brunson took the stage at 30 Rockefeller Center for his Saturday Night Live hosting debut.

On Saturday’s Season 52 premiere, the NBA Finals 2026 MVP showed off some comedic chops in an otherwise business-as-usual episode of the NBC sketch comedy show, which featured Katseye as its musical guest.

Introducing new cast members Grace Reiter and Saidah Belo-Osagie, Katseye returned to a parody season of The Debut: Dream Academy to crown a new girl group. The quartet also performed in a mini music video with the awkward group of ladies, also featuring Jane Wickline and Veronika Slowikowska.

The next sketch was a support group featuring Brunson as one of several men whose spouses were grinded on at Usher and Chris Brown’s The R&B Tour.

“When I spent $1,200 on that meet-and-greet, I never expected her to actually greet his meat,” said Brunson as the other group members comforted him.

Katseye on ‘Saturday Night Live’

Jeremy Culhane and Jalen Brunson in ‘Saturday Night Live’

Jalen Brunson, Jeremy Culhane and Ben Marshall on ‘Saturday Night Live’

Brunson also starred in the parody sketch High School Musical: The New Generation as an athletically gifted new student who hilariously keeps dunking on the new Troy Bolton stand-in (Jeremy Culhane) and steals his girlfriend (Slowikowska).

As Shark Tank judge Daymond John, Brunson asked if the invention Respectacles, a pair of glasses that sounds an alarm when the wearer looks at breasts, “works for ass.” The inventors’ (Culhane and Ben Marshall) presentation keeps getting interrupted as they check out Lori Greiner.

Saturday Night Live kicked off its 52nd season this weekend on NBC with host Brunson and musical guest Katseye. The season continues with guest hosts Dakota Johnson, Shane Gillis and Inde Navarrette, along with musical guests Turnstile, Rosalía and Gracie Abrams.

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‘SNL’ New Cast Members: How Season 52 Introduced Them

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For those wondering how SNL‘s new cast members factored into tonight’s season premiere, the answer is: not much.

The two new featured players, Saidah Belo-Osagie and Grace Reiter, were introduced together, as part of an early sketch on the search for reality competition The Debut: Dream Academy‘s next breakout girl group.

Belo-Osagie played Neelsa Boyce, a 17-year-old entrant who sought to become a pop star after playing Young Nala in The Lion King on Broadway when she was a kid.

Reiter got more screen time as Margle, who “only wear [s] flip flops because I keep passing out when I try to tie my shoes.”

After she’s first introduced onscreen, Margle shows up fully nude to a dance choreography session. We later learn that she and another eccentric contestant on the series named Duff (Jane Wickline) were only invited to participate after witnessing an executive behind the show, played by Ashley Padilla, committing a hit and run.

Margle is surprised to learn what Dream Academy is actually about, as a show: She says she thought it was a “show where you learned to control dreams.”

Subsequently, she pitches “Moose Knuckle” as a band name and the line “Newton’s Cradle, come and get it” during a songwriting exercise.

The sketch culminates with a performance by the final girl group, featuring Margle, who performs the hot new single “Newton’s Cradle” alongside The Debut Season 1’s KATSEYE (who happened to be the SNL season premiere’s musical guest).

Reiter made one other appearance tonight in the night’s final sketch, which opens on host Jalen Brunson (of the recent NBA Finals-winning New York Knicks) in the locker room. He won’t be meeting with reporters after tonight’s game, he says — though he’s visited regardless by a grey-haired Kenan Thompson, who reveals himself to be the NBA star’s third-grade coach — you know, the one who had a “really bad drinking problem”?

Coach Dennis has come around seeking a “small loan” and in hopes of getting Brunson to read his porno screenplay. Thompson introduces Reiter as Tonya, an immigrant who came to the U.S. eight years ago with a dream, who he hopes to rope into his porn. Kam Patterson also features in the sketch, which culminates in his, Reiter and Thompson’s characters stealing jerseys from the empty locker room and running away.

That was all the night had in the cards for Belo-Osagie and Reiter. Often, SNL will use its Weekend Update segment to help break in its new talent, though special segments of tonight’s presentation were instead devoted to special panelists Dario Amodei (played by Wickline) and Tucker Carlson (played by Jeremy Culhane).

Before returning for the new season, SNL said goodbye to Chloe Fineman and writer-performer Martin Herlihy, who was first introduced on the show as part of the trio Please Don’t Destroy. Other returning cast includes Kenan Thompson, Michael Che, Colin Jost, Mikey Day, Sarah Sherman, Marcello Hernández, James Austin Johnson, Andrew Dismukes, Ben Marshall, Tommy Brennan, Kam Patterson and Veronika Slowikowska.

Jalen Brunson, point guard for the 2026 NBA Finals-winning New York Knicks, hosted the kickoff episode for Season 52. Upcoming episodes will pair Dakota Johnson & Turnstile (October 3), Shane Gillis & Rosalía (October 10) and Inde Navarette & Gracie Abrams (October 31).

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‘SNL’ Weekend Update: Tucker Carlson Slams Summer Box Office

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‘SNL’ Weekend Update: Tucker Carlson Slams Summer Box Office







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