FCC approves Paramount–Skydance merger
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The Federal Communications Commission approved Skydance Entertainment’s merger with Paramount Global on Thursday, clearing the way for the more than $8 billion deal to close and ending a multiyear saga with enough plot twists for a soap opera.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.
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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
By David Shepardson WASHINGTON (Reuters) -President Donald Trump and the Federal Communications Commission have vowed to force American broadcast media outlets to make significant changes. CBS may be just the beginning.
Employees of Paramount Global have been through the wringer over the last year and a half. And the uncertainty hanging over their heads is far from over. After M&A talks with Skydance Media that started in late 2023 whipped back and forth,