FCC, Skydance and Paramount Global
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A fter finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8-billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.
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.
(Reuters) -Paramount Global said on Friday it expects to complete its merger with Skydance Media by August 7, following government approval for the $8.4 billion deal. Skydance CEO David Ellison is prepared to assume the helm at Paramount,
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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.
The FCC approved Skydance Media's $8 billion bid to acquire Paramount, the parent company of CBS. The green light from the FCC comes after Paramount agreed to a $16 million settlement with President Trump over his lawsuit accusing “60 Minutes” of deceptively editing an interview with then-presidential candidate Kamala Harris.
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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.
Tanya Simon has been named the executive producer of 60 Minutes, taking the helm of the CBS News broadcast amid the aftermath of Paramount Global’s settlement with Donald Trump and the pending merger with Skydance media.
President Donald Trump says his team is anticipating an additional $20 million payment from Paramount on top of the company's $16 million settlement of CBS' "60 Minutes" lawsuit. In a Truth Social post on Tuesday,