FCC approves Paramount–Skydance merger
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Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.
Skydance has emphasized that the commitments are voluntary. Previously, Skydance and Paramount had argued against conditions imposed by the FCC to mandate benchmarks for viewpoint neutrality, saying that they would be “squarely foreclosed by the First Amendment and Supreme Court precedent.”
With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.
Brendan Carr, FCC Chairman, joins CNBC's 'Squawk on the Street' to respond to allegations that the Trump Administration pressured Paramount into a settlement agreement before approving a merger with Skydance.
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.