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FCC clears Paramount, Skydance merger

Paramount had said it expected to close the $8.4 billion merger in the first half of 2025. But the first half of the year came and went, and the merger remained under review by the FCC and its chair Brendan Carr, who had been appointed to the role earlier this year by President Trump.

· 14h · on MSN

The $8-billion Skydance-Paramount Global deal is finally closing. Now what?

· 1d · on MSN

FCC Approves Paramount-Skydance Deal After Skydance’s CBS Ombudsman, Anti-DEI Pledges

· 16h

Federal regulators approve Paramount’s $8 billion deal with Skydance, AP Explains

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.

· 17h

Paramount Skydance Merger Wins FCC’s Approval

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US clears way for $8 billion Paramount-Skydance merger

· 14h

Paramount Gets Green Light for $8 Billion Merger. but What Is the Psychic Cost for Company?

Following the Federal Communications Commission approval Thursday, one of the triumvirate of current Paramount leaders, Chris McCarthy, said that he would be leaving the company.

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US regulators approve Skydance acquisition of Paramount

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FCC Chair Pleased With Skydance Vow to Make Changes at CBS

2don MSN

Skydance Promises FCC It Will Appoint CBS News Ombudsman to Review ‘Complaints of Bias,’ Says Paramount Has Eliminated DEI

Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.

2don MSN

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,

2don MSN

Skydance Commits To CBS News Ombudsman, Pledges No DEI Policies As Company Seeks FCC Greenlight Of Paramount Merger

Skydance’s general counsel, Stephanie Kyoko McKinnon, noted that the FCC, in evaluating Comcast’s proposed acquisition of NBCUniversal in 2011, found that an ombudsman was a “mechanism effective in preventing editorial bias in the operation of the NBC broadcast network.”

22hon MSN

For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed

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.

FCC Chairman Praises Skydance’s “Commitment To Serious Changes At CBS”; Democratic Commissioner Blasts “Cowardly” Capitulation

FCC Chairman Brendan Carr praised Skydance Media’s commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global. The commitment was outlined in a filing with the FCC this week.