FCC Allows Foreign Investors in American Media—What Could Go Wrong?
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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https://newrepublic.com/post/215580/fcc-middle-east-dictatorships-paramount-sharesOpen linkView original on lemmy.world
69 replies
Republicans and AIPAC dems are selling out every piece of America and its citizens at record pace since their polling is at record lows
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.
Gonna be Saudi Arabia taking majority stakes there, no doubt about it.
If China wanted to they could drown the saudis out
China's game may be to let the rest of the world eat each other and then step in to the chaos left.
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.
While China definitely wouldn't want to lose the US market entirely, I'm pretty sure at this point they consider the EU market a lot more important. Which is why they won't allow Putin to nuke Kiev.
I agree, just pointing out that they could if they wanted to
China won't be invited to the auction. Maybe we'll let in South Korea or India, though.
It'll be a different middle eastern country taking over. One we cant mention.
Will it? How much money do they have after all the necessary oil infrastructure repairs? Or are they giving up on oil to become American oligarchs?
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.
Literally how media ad space has always been sold.
But wouldn't allow a Chinese company to own a social media site operating in the US.
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.
The harvested data wasn't going to the 'right' places.
Capitalism is a big club, and the socialists ain’t in it.
Socialists? Where?
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
I feel I would end up watching that more than I would be willing to admit
Nice. certain countries I can't mention here can skip the middle man and just own our propoganda outlets directly.
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?
Come on Canada, you know what to do.
Actually I'm not sure it's worth it. It's still giving money to Americans. But it would be funny to be able to inundate them with propaganda of our choice.
Hmmm. Canada could buy 49% of Fox. Some sympathetic American group 2% and slowly make it sane.
That's some maple covered neighbourly propaganda there eh, we'll get you spruced up in no time.
You'll get to know the log jammers waltz whether you like it or not
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
America .51th
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.
trump is the FCC. Why show that bald, glasses guy?
He's the Chairman of the FCC Brendan Carr.
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
A rose is a rose is a rose. trump makes the call, the bald glasses guy jumps.
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.
This just means that no one watches TV
newsanymore. I have free cable, long story, and I still don't watch it.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.)
Isn’t Rupert Murdock Australian?
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.
Cries in Postmedia Network Canada Corp
So not JUST Israel? Let's be real. This is in reality just a way to legalize Zionist interest. It's not like they're gonna let the CCP start a media station
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".
He looks exactly like what you’d expect
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.
Citizens United not killing the nation fast enough?
wow
Ok, so what americans demand from ever other country is to gain access and control over their media. But its not ok for foreigners to do the same thing?
Fair point, but also a nontrivial amount of the blame for the rise of US fascism can be placed at the feet of an Australian media mogul.
Doesn't change that Australia made him who he is. He was over 50 and trying to expand his media empire when he changed citizenship. It's not like America turned a good Aussie bad.
Renouncing your citizenship doesn't change your origin
depends on which foreigners
Why would we get upset over foreign investment but not domestic investment?
It's not like either of them have our best interests at hand.