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FCC approves $8 billion Paramount, Skydance merger

Trump administration greenlights Paramount's $8 billion merger with entertainment group Skydance

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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Skydance’s merger with Paramount Global wins FCC’s approval

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FCC clears way for $8 billion Paramount-Skydance merger

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Federal regulators approve Paramount’s $8 billion deal with Skydance, capping months of turmoil

Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.

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US regulators approve Skydance acquisition of Paramount

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Trump administration approves sale of CBS parent company Paramount

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Paramount Co-CEO Chris McCarthy Set to Exit After Skydance Merger

The FCC, headed by Brendan Carr, approved the transfer of Paramount’s broadcast licenses to Skydance on Thursday.

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FCC approves $8B Paramount-Skydance merger after Trump settlement, Colbert cancellation

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FCC approves Skydance merger with Paramount

Yahoo Finance22m

US FCC clears $8bn Skydance-Paramount merger

But the entertainment giant has struggled over the past decade. Skydance is owned by David Ellison, the son of Larry Ellison, who founded US technology giant Oracle. The FCC's approval was necessary for the deal to move forward. The deal, which includes ...

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FCC Clears Paramount-Skydance Merger

The $8 billion deal's green light comes after CBS reached a $16 million settlement with Donald Trump over his lawsuit against "60 Minutes"

1don MSN

Skydance pledges to Trump’s FCC it’ll eliminate DEI, install ‘ombudsman’ to root out ‘bias’ at CBS News

Skydance needs FCC approval in order to take over Paramount. It’s now promising to root out “bias” at CBS News in order to get it.