FCC Approves Foreign Ownership in Paramount-Warner Bros. Deal; Lachlan Murdoch's Pay Declines

The Federal Communications Commission (FCC) has greenlit a significant aspect of the Warner Bros. Discovery (WBD) acquisition by Paramount, allowing up to 49.5% foreign ownership of the combined entity. This approval is crucial as Paramount operates 28 TV stations, necessitating FCC clearance for foreign stakes exceeding 25%. The deal is reportedly backed by Gulf investors.

In related media executive news, Fox Corp. CEO Lachlan Murdoch saw his total compensation decrease to $31 million in fiscal year 2026, down from $33 million in the previous year. This pay adjustment comes as Fox Corp. continues its efforts to finalize the acquisition of Roku. Meanwhile, Nielsen has announced a faster release schedule for its streaming viewership data, reducing the reporting lag from four weeks to two, providing more timely insights into audience behavior.