FCC clears Paramount, Skydance merger
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The end of legal wrangling between Paramount Global and President Donald Trump might be a relative win for the company, but its TV unit keeps eroding
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ADWEEK on MSNFCC Commissioner Anna Gomez Said Agency ‘Overstepping its Authority' in Paramount Merger
She said it was "a deal that was linked to a payout to settle a baseless lawsuit and other troubling concessions"
The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president, the Larry Ellison family and mogul Shari Redstone.
Paramount Global will pay $16 million to settle President Trump's lawsuit over 60 Minutes' interview with former Vice President Kamala Harris — a lawsuit that many legal experts considered spurious.