FCC clears Paramount, Skydance merger
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David Letterman takes subtle jab at CBS
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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 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.
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.
As a real-estate mogul, Trump long ago perfected the art of imposing his will through aggressive — and expensive — legal maneuvering. But no one else has ever really used it as president.
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Paramount Global selected Gotham Organization and Lincoln Property Company as finalists to redevelop the CBS Broadcast Center at 524 West 57th Street in Midtown Manhattan. The project aims to transform the 161,
By David Shepardson WASHINGTON (Reuters) -President Donald Trump and the Federal Communications Commission have vowed to force American broadcast media outlets to make significant changes. CBS may be just the beginning.
FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.