FCC Approves Paramount Merger
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The U.S. Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media, clearing the way for an $8.4 billion sale of some of the most prominent names in entertainment,
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 has issued a scathing statement of dissent following the approval of the Paramount and Skydance Media deal on Thursday, noting the merger marks a “direct violation of the first amendment.”
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.