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FCC Approves Paramount-Skydance Deal After Skydance’s CBS Ombudsman, Anti-DEI Pledges
The FCC approved the transfer of CBS licenses to Skydance's ownership group, paving the way to the merger of Skydance and Paramount.
Paramount’s 'discriminatory' DEI policies end as regulators approve sale to Skydance
Paramount had this month agreed to pay $US16 million, destined for the Trump Presidential Library, to settle a lawsuit by president Trump who alleged the CBS News program 60 Minutes had edited an interview with presidential candidate Kamala Harris to make her look better.
FCC OKs $8B Paramount—Skydance Deal, Says It Ensures ‘Diversity of Viewpoints’ at 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.
FCC Greenlights $8 Billion Paramount-Skydance Merger After Skydance Vows To End DEI Programs
Skydance said this week it planned to add an ombudsman who would review “any complaints of bias” and end diversity, equity and inclusion programs targeted by the Trump administration.
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 Promises FCC It Will Appoint CBS News Ombudsman to Review ‘Complaints of Bias,’ Says Paramount Has Eliminated DEI
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
How CBS’s cancellation of Colbert could bite back on Paramount and Trump
The surprise cancellation of “The Late Show” caught late night comedy talk shows flatfooted, with media giant Paramount citing financial concerns for its ending. It came just after the mega-merger between Paramount and Skydance Media and a legal settlement with Donald Trump.
Paramount bidder Skydance vows to end DEI policies and create CBS News ombudsman
Skydance, the entertainment company set to take over Paramount in an $8 billion merger, told federal officials this week that it will hire an ombudsman who will review “complaints of bias” at CBS News
For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed
Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.
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