FCC Approves Paramount Merger
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The $8 billion deal's green light comes after CBS reached a $16 million settlement with Donald Trump over his lawsuit against "60 Minutes"
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
Skydance CEO David Ellison told the FCC he wants “American storytelling” at Paramount while touting a new, “unbiased” editorial direction for CBS News.
FCC Commissioner Anna Gomez issued a scathing statement of dissent following the FCC's approval of the Paramount and Skydance Media merger on Thursday
David Ellison met this week with Brendan Carr and FCC staffers to discuss the Paramount Global merger which is still under agency review.
Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'
CBS News has been dogged for decades by allegations of liberal bias, with the controversies over its coverage decisions intensifying over the last year.
More than a year after Skydance Media and its partners clinched a deal with Shari Redstone and Paramount Global to merge the companies, the FCC has yet to act on an application to approve the transfer of CBS licenses to the new ownership.