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.
Demand that the FCC conduct a full review of foreign investment concerns in the proposed Paramount Skydance and Warner Bros. Discovery merger.
Occurrences
Evidence
Paramount was reportedly targeting a July 15 close, but it still had to get FCC approval for foreign investment that would make up 49.5% of the combined company's equity.
The DOJ approved the merger, but the deal still faced state and international regulatory review, indicating the transaction was not fully cleared yet.
The report says Cory Booker, Adam Schiff, and Elizabeth Warren sent FCC Chair Brendan Carr a joint letter urging the FCC to pause the Paramount-Warner Bros. Discovery merger until an adequate review of foreign investors was completed, including national-security concerns involving foreign government investment.
The Guardian reported that DOJ had cleared the Paramount-WBD merger on antitrust grounds, but other hurdles remained and European regulators were examining the merger funding, including $24 billion from Gulf sovereign-wealth funds.
The U.S. Senate’s New Jersey page lists Cory A. Booker as a Democratic senator for New Jersey and links to his official Senate office.
Assessments
Booker was an active U.S. senator when he joined Senators Schiff and Warren in a June 2026 letter to FCC Chair Brendan Carr urging the FCC to pause the Paramount-Warner Bros. Discovery merger until foreign-investment and national-security concerns were adequately reviewed. Because the promise was framed as making an oversight demand, not securing final FCC action, the documented letter satisfies the promised action in the same Senate term.
This promise was about taking an oversight action, not about forcing the FCC to finish the review. Reporting indicates Booker joined Democratic senators in March 2026 to call for a full and independent FCC review of foreign-ownership issues in the Paramount Skydance-Warner Bros. Discovery merger, which matches the promised demand. Later evidence that the FCC and broader merger approvals were still pending does not negate delivery, because the promised act was the demand itself, and Booker made that demand while serving in the same Senate term.