The Federal Communications Commission approved Skydance Entertainment’s merger with Paramount Global on Thursday, clearing the way for the more than $8 billion deal to close and ending a multiyear saga with enough plot twists for a soap opera.

Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.

The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media

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

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.