David Letterman blasts CBS and Skydance 'goons'
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FCC approves Paramount’s $8B deal with Skydance
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FCC chairman Brendan Carr praised Skydance Media's commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global.
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FCC greenlights $8.4B sale of CBS parent Paramount to Skydance after Trump suit settled, DEI axed
The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
"I was very pleased to see Skydance put in a filing that says, 'If this deal goes through, they are committing to serious changes at CBS. I think that would be a good thing," Carr told reporters on Thursday during a press conference following the agency's Open Commission meeting.
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
Hours after announcing the approval of Skydance’s merger with Paramount, FCC Chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.
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Skydance to Eliminate DEI at Paramount, Appoint CBS News Ombudsman to Review 'Complaints of Bias'
As Skydance looks to close its $8 billion merger with Paramount, the David Ellison-led studio has sent new letters to the FCC committing to the appointment of an ombudsman and the elimination of the media giant's diversity,
Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.
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Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown
Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.