MONEY & BUSINESS: Paramount’s $110 billion Warner Bros deal likely to secure FCC backing, FT reports – One America News Network

By Reuters
March 3, 2026 – 9:17 PM PST

(Reuters) – U.S. Federal Communications Commission Chair Brendan Carr has signaled that the watchdog will not seek to block Paramount’s (PSKY.O) $110 ​billion deal to buy Warner Bros (WBD.O) and played down ‌competition concerns over a combination of CBS and CNN, the Financial Times reported on Tuesday.

Carr told FT at the Mobile World Congress in Barcelona on Monday ​that concerns had been raised in Washington about the concentration ​of power stemming from Warner Bros’ previously agreed deal ⁠with Netflix, but added that the market share implications of a ​potential Paramount purchase were “drastically different.”

Paramount the $110 billion, or $31-per-share, deal for Warner Bros ​last week, after Netflix declined to raise its offer.

The acquisition will be funded by $47 billion in equity from the Ellison family and RedBird Capital Partners, with ​additional debt commitments of $54 billion from Bank of America, Citigroup and ​Apollo.

“All the information that I’ve seen about that foreign debt . . . is that would qualify ‌under ⁠FCC rules as what we call bona fide debt, meaning, it would be a very quick, almost pro forma review,” Carr told FT.

Lawmakers on both sides of the political aisle have raised concerns that ​any deal to ​acquire Warner Bros ⁠could result in fewer choices and higher prices for consumers while cinema operators are concerned that combining ​large Hollywood studios could cost jobs and reduce the ​number ⁠of movies released in theaters.

Carr described the competition in the sector as generally “very robust” and said that “we’re looking at changes from a regulatory perspective ⁠to ​try to encourage more investment and more ​scale in broadcast.”

U.S. Federal Communications Commission, Paramount and WBD did not immediately respond to Reuters ​request for comment.

^{Reporting by Devika Nair in Bengaluru; Editing by Mrigank Dhaniwala}

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