FCC clears Paramount, Skydance merger
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The pending merger between Paramount Global and Skydance Media was formally approved by the Trump administration on Thursday, concluding months of regulatory uncertainty.
On 'Daily Variety' podcast, Skydance Media's overtures accelerate FCC approval of Paramount Global deal; Why Steve Stoute is Music Mogul of the Year.
The company said it will conduct a “comprehensive review” of CBS after the merger goes through to ensure the network is operating in the public interest.
Hours after announcing the approval of Skydance’s merger with Paramount, FCC chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.
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.