FCC, Trump and Skydance Media
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In the aftermath of the FCC's approval of the Skydance-Paramount merger, there has been consternation, angst and even anger over how it went down.
In a decision that critics say reeks of corruption and threatens press freedoms, the Federal Communications Commission has approved Skydance’s $8 billion acquisition of CBS parent company Paramount Global, both of which made significant concessions to President Donald Trump in recent weeks.
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Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks.
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Mediaite on MSNTrump’s FCC Chair Says CBS Vow to Drop ‘Bias’ and ‘DEI’ Made the ‘Difference’ in Paramount Deal ApprovalBrendan Carr said CBS’s decision to “get rid” of DEI and “bias” was what “made the difference” in FCC decision to approve Paramount merger.
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
Paramount Global has settled its suit with President Trump, ending the president’s $20 billion election interference lawsuit over CBS News' handling of a "60 Minutes" interview last year.
Liberal lawmakers asked David Ellison, chief executive of Skydance Media, which is set to merge with CBS owner Paramount, about alleged promises on conservative ad content.
After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8-billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.
Not everyone is thrilled that Paramount Global and CBS agreed on Tuesday to settle President Trump’s $20 billion election interference lawsuit against the network.