Trump's FCC approves Skydance-Paramount merger
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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.
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.
1don MSN
The Federal Communications Commission on Thursday approved the merger between Paramount Global 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.