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FCC approves Paramount-Skydance merger
The FCC's approval, which was necessary for the deal to move forward, caps a long-running corporate saga over the fate of Paramount, which owns Paramount+, the Paramount Pictures movie and television studios, the CBS television network and CBS News and Stations. Paramount also owns Nickelodeon, BET, MTV, Comedy Central and other media brands.
“Trump Transaction Tax”: Skydance’s FCC Saga Raises Fears That It’s The Template For Future Media Merger Reviews
Hours after announcing the approval of Skydance’s merger with Paramount, FCC chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.
David Letterman Blasts CBS and Skydance on ‘The Late Show' Cancellation: ‘This Is Pure Cowardice'
David Letterman unloaded on CBS and Skydance on Friday for cancelling “The Late Show,” which he launched 32 years ago, saying the network had mistreated his successor, Stephen Colbert. In an interview posted to his YouTube channel,
FCC greenlights $8.4B sale of CBS parent Paramount to Skydance after Trump suit settled, DEI axed
The Federal Communications Commission on Thursday gave the green light to the $8.4 billion merger between Paramount Global and Skydance Media – finally clearing the way for a deal that had been throttled by allegations of bias against CBS News.
FCC Chairman Praises Skydance's "Commitment To Serious Changes At CBS"; Democratic Commissioner Blasts "Cowardly" Capitulation
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.
FCC Chairman Brendan Carr ‘Pleased' With Skydance Commitment to Reform CBS
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 news programming.
Skydance tells FCC it will scrap DEI, appoint media bias official at CBS News
The company said it will conduct a “comprehensive review” of CBS after the merger goes through to ensure the network is operating in the public interest.
Skydance pledges to Trump’s FCC it’ll eliminate DEI, install ‘ombudsman’ to root out ‘bias’ at CBS News
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.
LISTEN: Skydance Media Offers Olive Branches to FCC; Why Steve Stoute is Variety's Music Mogul of the Year
Skydance Media offered olive branches to the Federal Communications Commission in order to secure approval for its $8 billion acquisition of Paramount Global, and those overtures achieved the desired result.
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