BOOKER, SCHUMER, DURBIN, BLUMENTHAL, HIRONO, WHITEHOUSE, WARREN CHALLENGE FCC TO CONDUCT FULL REVIEW OF FOREIGN INVESTMENT CONCERNS IN PARAMOUNT & WARNER BROS. MERGER

WASHINGTON, March 23 -- Sen. Cory Booker issued the following press release:

U.S. Senators Cory Booker (D-NJ), Democratic Minority Leader Chuck Schumer (D-NY), Democratic Minority Whip Dick Durbin (D-IL), Richard Blumenthal (D-CT), Mazie Hirono (D-HI), Sheldon Whitehouse (D-RI), and Elizabeth Warren (D-MA) are demanding a thorough review of the proposed $111 billion merger between Paramount Skydance and Warner Bros. Discovery, amid reports of substantial foreign investment embedded in the transaction. Booker, who serves as the Ranking Member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, led colleagues in a letter to Federal Communications Commission (FCC) Chairman Brendan Carr expressing deep c...