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 …
Read More »Tag Archives: Skydance
Hundreds of Job Cuts Loom With Skydance Merger
Employees of Paramount Global have been through the wringer over the last year and a half. And the uncertainty hanging over their heads is far from over. After M&A talks with Skydance Media that started in late 2023 whipped back and forth, the parties in July 2024 announced they had reached a deal to merge. Then Paramount endured another year …
Read More »DEI is dead at Paramount, David Ellison’s Skydance promises FCC
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 …
Read More »Paramount bidder Skydance vows to end DEI policies and create CBS News ombudsman
Skydance, the entertainment company set to take over Paramount in an $8 billion merger, told federal officials this week that it will hire an ombudsman who will review “complaints of bias” at CBS News. The ombudsman will be in place for “at least two years,” Skydance general counsel Stephanie Kyoko McKinnon said in a letter addressed to Federal Communications Commission …
Read More »Skydance Tells FCC Paramount Eliminated DEI, Pledges to Appoint CBS Ombudsman
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 …
Read More »Skydance CEO met with FCC chair ahead of CBS canceling "The Late Show" – Axios
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 …
Read More »