A group of Democratic lawmakers have raised concerns about foreign investors backing Paramount Skydance’s $111 billion acquisition of Warner Bros. Discovery. The senators, led by Cory Booker (D-N.J.), called for a full and independent probe into the merger, citing concerns that financing from Middle Eastern sovereign wealth funds and Chinese gaming giant Tencent could influence editorial decisions at CBS News and CNN. The deal was structured to provide capital through non-voting equity investments, meaning the financiers don't have any governance rights. The senator's concerns extend to Tencent, which committed $1 billion in equity financing, which could influence decisionmaking over major news outlets owned by the combined company.