FCC Commissioner Anna M. Gomez released a statement critical of the settlement between Paramount and state attorneys general over the acquisition of Warner Bros. Discovery. She wrote, “I am disappointed that this settlement appears to pave the way for yet
another massive media consolidation deal that could raise prices for consumers, reduce content diversity, and weaken editorial independence. This settlement does nothing to resolve the FCC’s own unprecedented decision to approve near complete and unchecked indirect foreign ownership of one of America’s largest media companies from some of the most repressive governments in the world. Setting aside that worrisome arrangement, this transaction still represents a troubling new stage of media consolidation, with real consequences for consumers and for a free and independent press. The editorial independence protections included in this settlement remain untested, and there is good reason to be skeptical they will hold up once the ink is dry. Whether these commitments actually protect newsrooms inside CBS and CNN from political, financial, or regulatory pressure, or simply provide cover for further editorial interference, remains to be seen. I will be watching closely to see whether these promises translate into real protections or will be just words on a page.”
