Trump's FCC head reacts to Paramount merger criticism
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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.
The signoff on the deal, which could close next month, follows Paramount’s settlement of a Trump lawsuit.
23hon MSN
“This Is a Dangerous Thing”: Why One FCC Commissioner Is Sounding the Alarm on Paramount’s Deal
When the FCC approved the Paramount-Skydance merger Thursday, one commissioner blasted the decision, calling it an act of “ cowardly capitulation ” on behalf of Paramount and warning that this could lead to a further “erosion of our First Amendment protections.”
Paramount’s Skydance merger brings fresh leadership, cost synergies, and asset monetization to fuel a turnaround and reduce leverage. Learn why PARA stock is a buy.
FCC Commissioner Anna Gomez issued a scathing statement of dissent following the FCC's approval of the Paramount and Skydance Media merger on Thursday