Trump, FCC Want to Reshape Media Landscape Starting With CBS
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The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.
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.
The FCC approved the transfer of CBS licenses to Skydance's ownership group, paving the way to the merger of Skydance and Paramount.
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FCC greenlights $8.4B sale of CBS parent Paramount to Skydance after Trump suit settled, DEI axed
The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
An $8 billion merger between Skydance Media and Paramount Global received regulatory approval Thursday from the Federal Communications Commission in a deal that has raised alarm about free speech and government intrusion into the media.
FCC Chairman Brendan Carr said Thursday he was “pleased” with commitments from Skydance Media to reform CBS, as the agency nears a decision on the $8 billion Paramount merger. Skydance submitted a letter this week pledging to hire an ombudsman to address complaints of media bias and to present “a diversity of viewpoints” on CBS
Recently, comedian Stephen Colbert—whose popular CBS Late Show will be canceled next May despite being No. 1 in the late-night talk show ratings, in what many view as censorship due to his jokes about Trump—pointedly mocked the settlement the first chance he got, AP News reported.
Brendan Carr says he's "pleased" with the David Ellison led-studio's commitment to appoint an ombudsman and end DEI at Paramount
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
Skydance needs FCC approval in order to take over Paramount. It’s now promising to root out “bias” at CBS News in order to get it.
Brendan Carr says they have not made a ‘final’ decision on the news distortion matter. Federal Communication Commission Commissioner Brendan Carr testifies before the House Energy and Commerce Committee's Communications and Technology Subcommittee in the Rayburn House Office Building on Capitol Hill. Chip Somodevilla/Getty Images
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