FCC clears Paramount, Skydance merger
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Now that David Ellison’s Skydance has secured the keys to Paramount Global, what toys await him inside the company’s intellectual property chest? After a nail-biting federal approval process that inspired backlash,
David Letterman blasted his former network home CBS and the 'goons' at Skydance as he speculated that Stephen Colbert's 'Late Show' was canceled for political reasons: 'Bottom feeders.'
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Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.
Skydance Media offered olive branches to the Federal Communications Commission in order to secure approval for its $8 billion acquisition of Paramount Global, and those overtures achieved the desired result.
The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with the FCC
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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.
David Letterman took aim at his former employer, CBS, over the cancellation of 'The Late Show With Stephen Colbert.
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Shares of Paramount are set to open higher after the FCC approval its merger but amid ongoing uncertainty about its strategic plans under Skydance Media.