CBS, Paramount and The Late Show
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The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.
The FCC's approval, which was necessary for the deal to move forward, caps a long-running corporate saga over the fate of Paramount, which owns Paramount+, the Paramount Pictures movie and television studios, the CBS television network and CBS News and Stations. Paramount also owns Nickelodeon, BET, MTV, Comedy Central and other media brands.
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.
CBS News tapped Tanya Simon to become the "60 Minutes" executive producer following parent company Paramount's major settlement to President Donald Trump.
Hours after CBS-owner Paramount announced a "South Park" deal, the show's creators showed they're not afraid to bite the hand that feeds them.
The FCC approved the transfer of CBS licenses to Skydance's ownership group, paving the way to the merger of Skydance and Paramount.
The FCC approved the $8.4 billion sale of Paramount to Skydance Media, as CBS prepares newsroom reforms, including eliminating DEI programs.
An $8 billion merger between Skydance Media and Paramount Global received regulatory approval Thursday from the Federal Communications Commission in a deal that has raised alarm about free speech and government intrusion into the media.
Brendan Carr says they have not made a ‘final’ decision on the news distortion matter.