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The Federal Communications Commission on Thursday granted Paramount Skydance’s request to allow Middle Eastern royal families to hold a substantial stake in a merged Paramount-Warner Bros. Discovery. The sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi are slated to indirectly own nearly 50% of the equity in David Ellison’s proposed mega-studio, Paramount-Warner Bros.

The Orange County Business Journal’s 32nd annual Women in Business Awards Luncheon & Program honors six exceptional business and professional OC women. The Women in Business Special Report, features profiles and photos of this year’s nominees plus articles of interest from Women in Business sponsors and advertisers.