FCC, Trump and Skydance media
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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.
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
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.
The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around U.S. President Donald Trump's legal battle with 60 Minutes, the crown jewel of Paramount-owned broadcast network CBS.
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Al Jazeera on MSNWith Trump go-ahead, Skydance and Paramount to complete merger in AugustThe merger has faced scrutiny for what critics view as capitulations to Donald Trump, including a $16m settlement.
CBS parent Paramount needs approval from the FCC for an $8.4-billion merger with Skydance Media. FCC Chair Brendan Carr said after a commission meeting the agency continues to review the deal and praised commitments to end diversity programs.
The deal, which came under intense scrutiny by the Trump administration, was hailed by the F.C.C. chief, who welcomed “significant changes” at CBS, a unit of Paramount.
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Amazon S3 on MSNFederal Regulators Approve $8.4 Billion Paramount-Skydance MergerTrump administration regulators have authorized Skydance Media’s $8.4 billion bid to acquire Paramount, the parent company of CBS News, after months of regulatory uncertainty. The Federal Communications Commission (FCC) approved the deal in a 2-1 vote,
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President Trump's social media posts sparking debatePresident Trump is reigniting debate over name changes for two professional sports teams that were made years ago: NFL's Washington Commanders and MLB's Cleveland Guardians. The conversation is part of a string of social media posts the president has issued on a variety of topics in the wake of questions about his administration's handling of the Jeffrey Epstein case.
FCC Chairman Brendan Carr released a statement announcing his approval of the $8 billion merger between Paramount Global and Skydance Media after a yearlong saga.
After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8-billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.