In the aftermath of the FCC's approval of the Skydance-Paramount merger, there has been consternation, angst and even anger over how it went down.

In a decision that critics say reeks of corruption and threatens press freedoms, the Federal Communications Commission has approved Skydance’s $8 billion acquisition of CBS parent company Paramount Global, both of which made significant concessions to President Donald Trump in recent weeks.

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks.

Paramount Global has settled its suit with President Trump, ending the president’s $20 billion election interference lawsuit over CBS News' handling of a "60 Minutes" interview last year.

Liberal lawmakers asked David Ellison, chief executive of Skydance Media, which is set to merge with CBS owner Paramount, about alleged promises on conservative ad content.

The Federal Communications Commission on Thursday gave the green light to the $8.4 billion merger between Paramount Global and Skydance Media – finally clearing the way for a deal that had been throttled by allegations of bias against CBS News.

Not everyone is thrilled that Paramount Global and CBS agreed on Tuesday to settle President Trump’s $20 billion election interference lawsuit against the network.