FCC approves Paramount, Skydance merger
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Paramount and Skydance have confirmed reports earlier this week that their long-gestating merger is expected to finally close on August 7.
The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
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As Skydance looks to close its $8 billion merger for Paramount, the David Ellison-led studio has sent new letters to the FCC, committing to the appointment of an ombudsman at CBS News and to eliminate the media giant’s diversity, equity and inclusion initiatives.
The Trump administration approved the sale of CBS' parent company Paramount to Skydance. Puck founding partner Matthew Belloni joins Katy Tur to explain more on the details of this $8 billion merger and to react to "South Park" making fun of Trump and Paramount.
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Federal government regulators approve an $8 billion merger between Paramount and Skydance. Jerome Powell pushes back during Donald Trump’s visit to the Federal Reserve’s headquarters. And the woman behind the viral “Jet2 holiday” soundbite is surprised at its popularity.