Paramount-Skydance $8 billion merger approved
A merger between Paramount Global and Skydance Media was given a federal approval, and the CBS Broadcast television network, Paramount Pictures and Nickelodeon cable channel, opened the way for the sale of $ 8.4 billion in Entertainment.
The Federal Communication Commission (FCC) accepted Paramount’s $ 16 million to file a lawsuit filed by US President Donald Trump in October by former Vice President Kamala Harris, which was opened by Kamala Harris in October.
Commission President Brendan Carr said that the agency’s investigation on the proposed merger was not dependent on the civilian case.
Onay came after making sure that Skydand and his investment partner Redbird Capital’s FCC were confident in neutral journalism representing different perspectives.
Skydence said he would assign an ombudsman to evaluate his complaints about editorial prejudice or other concerns about CBS to encourage transparency and increasing accountability.
Paramount also eliminated the diversity, equality and attempts to comply with the view that such positive action policies are discriminated against the Trump administration.
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