Group: Skydance's China Ties a DOD Concern
Tencent's investment in Skydance Media should give the FCC pause, considering Tencent is a member of DOD's list of Chinese military companies operating in the U.S., the Center for American Rights said Tuesday. CAR petitioned the agency to put conditions…
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related to Chinese control on any approval of Skydance's proposed purchase of Paramount Global (see 2412170038). CAR said the fact DOD considers a Skydance founding investor to be a “Chinese military company” should refute the FCC presumption that foreign-ownership interests of 5% or less aren't generally contrary to the public interest. It said the FCC could condition approval on New Paramount having board diversity through board members coming from different geographies, industries, backgrounds and political persuasions; its locating of executive and editorial staff in cities besides New York and Los Angeles; creation of an "independent, empowered, balanced ombudsman"; or committing to "an ideologically diverse hiring pipeline." Chicago-based CAR last fall filed news distortion complaints against CBS over the network's interview with Vice President/Democratic presidential nominee Kamala Harris (see 2410170051) and an equal-time complaint against NBC and its WNBC New York over Harris' appearance on Saturday Night Live just prior to Election Day (see 2411050049).