EPISODE · May 9, 2026 · 11 MIN
Paramount $79B Warners Debt Is MORE Than SpaceX’s IPO Raise
from Good Revenue
Paramount just asked the FCC to let foreign investors control nearly half of American TV, with an option to eventually own the majority of the firm. The filing says the Ellisons would retain voting control and foreign investors would have no board seats, but critics warn extreme financing risks born by the Ellison family and Oracle could effectively cede control. What does this mean for American media?CHAPTERS00:00 Paramount files for FCC approval on foreign ownership waiver01:47 How the 49.5% structure avoids CFIUS review03:31 Gulf investors breakdown: Saudi PIF, Qatar, UAE stakes04:40 Hollywood opposition, job cuts, and the failed Disney Fox precedent06:01 Oracle debt crisis and Ellison financing risk07:41 OpenAI Stargate pullback and the Jenga tower of obligations09:14 California and New York antitrust pushback10:38 What happens next with FCC and state-level oppositionIF YOU LIKED THIS, WATCH:OpenAI's Elon Musk Trial and What It Means for the AI Bubble: https://youtu.be/b5Ye6iYzM6EParamount’s Debt Crisis: https://youtu.be/vSfCEWRhBRQSOURCES & FURTHER READING**Foreign Ownership and FCC Regulation**- Paramount FCC pre-clearance filing on foreign ownership cap waiver: https://docs.fcc.gov/public/attachments/DA-26-411A1.pdf- Federal rules on foreign ownership of broadcast licenses (FCC.gov): https://www.federalregister.gov/documents/2026/04/09/2026-06866/review-of-foreign-ownership-policies-for-broadcast-common-carrier-and-aeronautical-radio-licensees- What CFIUS reviews and when it triggers: https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius/cfius-overview**Paramount and Warner Bros Discovery Merger**- Timeline of the Paramount Skydance merger and debt restructuring: https://variety.com/2026/film/news/paramount-warner-bros-foreign-ownership-middle-eastern-funds-1236731732/- California AG opposition to the Paramount Warner merger: [insert link]- 34 California Democrats' letter requesting antitrust review: https://ts2.tech/en/paramount-warner-bros-deal-faces-new-california-antitrust-test-as-lawmakers-push-bonta/- Fox Films cut back: https://filmstories.co.uk/news/disney-is-halving-the-number-of-films-that-fox-makes**Oracle and Ellison Finances**- Oracle raises $50 billion in debt for data center expansion: https://www.wsj.com/tech/ai/oracle-ai-demand-debt-04977749- Ellison debt financing for Warners deal: https://variety.com/2026/biz/news/paramount-debt-financing-warner-bros-discovery-deal-1236712406/- Paramount has excessive debt tied to Warner Brothers Discover deal: https://www.reuters.com/business/media-telecom/paramount-ceo-says-warner-bros-tie-up-carry-79-billion-net-debt-no-cable-asset-2026-03-02/FOLLOW GOOD REVENUE ON YOUTUBE! Or wherever you get your podcasts:YouTube: https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ Spotify: https://open.spotify.com/show/44me6PABSQ0k0GfphM70auApple Podcast: https://podcasts.apple.com/us/podcast/good-revenue/id1707461473 Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Paramount just asked the FCC to let foreign investors control nearly half of American TV, with an option to eventually own the majority of the firm. The filing says the Ellisons would retain voting control and foreign investors would have no board seats, but critics warn extreme financing risks born by the Ellison family and Oracle could effectively cede control. What does this mean for American media?CHAPTERS00:00 Paramount files for FCC approval on foreign ownership waiver01:47 How the 49.5% structure avoids CFIUS review03:31 Gulf investors breakdown: Saudi PIF, Qatar, UAE stakes04:40 Hollywood opposition, job cuts, and the failed Disney Fox precedent06:01 Oracle debt crisis and Ellison financing risk07:41 OpenAI Stargate pullback and the Jenga tower of obligations09:14 California and New York antitrust pushback10:38 What happens next with FCC and state-level oppositionIF YOU LIKED THIS, WATCH:OpenAI's Elon Musk Trial and What It Means for the AI Bubble: https://youtu.be/b5Ye6iYzM6EParamount’s Debt Crisis: https://youtu.be/vSfCEWRhBRQSOURCES & FURTHER READING**Foreign Ownership and FCC Regulation**- Paramount FCC pre-clearance filing on foreign ownership cap waiver: https://docs.fcc.gov/public/attachments/DA-26-411A1.pdf- Federal rules on foreign ownership of broadcast licenses (FCC.gov): https://www.federalregister.gov/documents/2026/04/09/2026-06866/review-of-foreign-ownership-policies-for-broadcast-common-carrier-and-aeronautical-radio-licensees- What CFIUS reviews and when it triggers: https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius/cfius-overview**Paramount and Warner Bros Discovery Merger**- Timeline of the Paramount Skydance merger and debt restructuring: https://variety.com/2026/film/news/paramount-warner-bros-foreign-ownership-middle-eastern-funds-1236731732/- California AG opposition to the Paramount Warner merger: [insert link]- 34 California Democrats' letter requesting antitrust review: https://ts2.tech/en/paramount-warner-bros-deal-faces-new-california-antitrust-test-as-lawmakers-push-bonta/- Fox Films cut back: https://filmstories.co.uk/news/disney-is-halving-the-number-of-films-that-fox-makes**Oracle and Ellison Finances**- Oracle raises $50 billion in debt for data center expansion: https://www.wsj.com/tech/ai/oracle-ai-demand-debt-04977749- Ellison debt financing for Warners deal: https://variety.com/2026/biz/news/paramount-debt-financing-warner-bros-discovery-deal-1236712406/- Paramount has excessive debt tied to Warner Brothers Discover deal: https://www.reuters.com/business/media-telecom/paramount-ceo-says-warner-bros-tie-up-carry-79-billion-net-debt-no-cable-asset-2026-03-02/FOLLOW GOOD REVENUE ON YOUTUBE! Or wherever you get your podcasts:YouTube: https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ Spotify: https://open.spotify.com/show/44me6PABSQ0k0GfphM70auApple Podcast: https://podcasts.apple.com/us/podcast/good-revenue/id1707461473 Hosted on Acast. See acast.com/privacy for more information.
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Paramount $79B Warners Debt Is MORE Than SpaceX’s IPO Raise
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