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.
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.
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 he was encouraged by Skydance commitments to reform CBS once a merger is complete.
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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
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
The FCC approved the $8.4 billion sale of Paramount to Skydance Media, as CBS prepares newsroom reforms, including eliminating DEI programs.
FCC Chairman Brendan Carr praised Skydance Media’s commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global. The commitment was outlined in a filing with the FCC this week.
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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