Tag Archives: FCC

The Federal Communications Commission’s approval of CBS owner Paramount’s $8 billion merger with Skydance came with a condition to install an ombudsman, which FCC Chairman Brendan Carr has described as a “bias monitor.” It appears that the bias monitor will make sure the news company’s reporting meets standards demanded by President Donald Trump. “One of the things they’re going to …

Warning that the “Paramount payout” and “reckless” acquisition approval together mark a “dark chapter” for US press freedom, Gomez suggested the FCC’s approval will embolden “those who believe the government can—and should—abuse its power to extract financial and ideological concessions, demand favored treatment, and secure positive media coverage.” FCC terms also govern Skydance hiring decisions Gomez further criticized the FCC …

FCC approves Skydance-Paramount merger  Axios FCC Approves Skydance’s Merger With Paramount  The New York Times Trump’s FCC finally lets two media companies merge  CNN Skydance Tells FCC It Will Create CBS News Ombudsman, Eliminate DEI at Paramount  The Hollywood Reporter Paramount Co-CEO Chris McCarthy To Depart Upon Completion Of Skydance Acquisition As Deal Gets FCC Approval  Deadline Source link

FCC approves $8 billion Paramount-Skydance merger after lengthy review  The Washington Post FCC Approves Skydance’s Merger With Paramount  The New York Times Trump administration greenlights Paramount’s $8 billion merger with entertainment group Skydance  NBC News FCC chair pleased with Skydance vow to make changes at CBS  Reuters $8 billion acquisition of Paramount by Skydance Media approved by the FCC  ABC News Source link

The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024.  Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel. …

The FCC has granted approvals necessary to clear the way for the $8 billion merger of Paramount Global and David Ellison’s Skydance Media. The agency OK’d the transfer of licenses for 28 CBS-owned local TV stations to the Skydance-led ownership group that is taking over Paramount Global — removing the merger’s final regulatory hurdle. The FCC approval comes more than …

The FCC on Thursday finally signed off on the marriage of Skydance Media and Paramount Global. The $8 billion deal has faced myriad challenges on its way to the finish line but will be made official in the coming days by the companies. No shareholder vote or other approvals are required. With the FCC’s blessing, the transaction will reshape the …

David Ellison’s Skydance Media pledged to abandon all diversity, equity and inclusion programs at Paramount Global in an attempt to win government approval for its $8-billion merger. Paramount already had scaled back diversity programs earlier this year. In a Tuesday letter to Federal Communications Commission Chair Brendan Carr, Skydance said it would go further to cancel diversity efforts. “Paramount no …

Skydance Media has made additional commitments to the FCC in an effort to get approval for its $8 billion merger with Paramount Global. In letters addressed to FCC Chairman Brendan Carr, Skydance’s top lawyer said Skydance will install an ombudsman to review “complaints of bias or other concerns” involving CBS as part of ensuring “viewpoint diversity” and that Skydance has …

Skydance CEO met with FCC chair ahead of CBS canceling “The Late Show”  Axios Inside CBS’ ‘agonizing decision’ to cancel Colbert’s top-rated late-night show  CNN Why Is Stephen Colbert’s ‘Late Show’ Getting Canceled?  The New York Times Colbert’s ‘Late Show’ was reportedly losing CBS $40M a year as critics speculate politics drove cancellation  Fox News Politics, Not Performance, Killed ‘The Late Show With Stephen …