Two Democratic lawmakers — U.S. Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) — have expressed “serious national security concerns” over Paramount Skydance ‘s hostile takeover bid for Warner Bros. Discovery .
Liccardo and Pressley sent a letter Wednesday to Warner Bros. Discovery president and CEO David Zaslav and members of WBD’s board of directors. They also sent a copy of the letter to U.S. Treasury Secretary Scott Bessent. ( Read the full letter below. )
A Paramount deal for WBD “could transfer substantial influence over one of the largest American media companies to foreign-backed financiers,” the U.S. representatives wrote.
Specifically, the U.S. representatives are concerned about Paramount’s takeover offer for WBD being backed by sovereign wealth funds of Sau

VARIETY Film

Deadline Business
KRON4 News Bay Area
ABC News
CNN
AlterNet
Raw Story
Associated Press Top News
CNN Politics
Bolavip Football