FCC clears Paramount, Skydance merger
Digest more
FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.
The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.
Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.
With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.
2d
Daily Voice on MSNFCC Clears Paramount-Skydance Deal, Critics Slam 'Cowardly Capitulation' To TrumpThe Federal Communications Commission has approved Skydance Media's $8 billion takeover of Paramount Global, which critics have blasted as a move to appease President Donald Trump.The FCC cleared the deal in a 2-1 partisan vote on
1don MSN
When the FCC approved the Paramount-Skydance merger Thursday, one commissioner blasted the decision, calling it an act of “ cowardly capitulation ” on behalf of Paramount and warning that this could lead to a further “erosion of our First Amendment protections.”
Paramount’s Skydance merger brings fresh leadership, cost synergies, and asset monetization to fuel a turnaround and reduce leverage. Learn why PARA stock is a buy.
FCC Commissioner Anna Gomez issued a scathing statement of dissent following the FCC's approval of the Paramount and Skydance Media merger on Thursday