FCC approves Paramount–Skydance merger
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The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
On Thursday, the FCC voted 2-1 to approve the $8.4 billion merger between CBS parent Paramount Global (PARA.O) and Skydance Media after Skydance agreed to ensure CBS news and entertainment programming is free of bias, hire an ombudsman for at least two years to review complaints and end diversity programs.
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The Western Journal on MSNDems Push Pay-Off Conspiracy as Trump's FCC Approves Paramount Merger Following Colbert FiringSome members of the Democratic Party are theorizing that the cancellation of "The Late Show" with Stephen Colbert was political in nature, claims which arise amid a Trump settlement with Paramount and a forthcoming merger between the company and Skydance Media.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
The signoff on the deal, which could close next month, follows Paramount’s settlement of a Trump lawsuit.