Trump’s FCC finally lets 2 media companies merge
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The Federal Communications Commission on Thursday announced its approval of Skydance's $8 billion acquisition of Paramount Global.
The merger clears the way for an $8.4 billion sale of some of the most prominent names in entertainment, including CBS, Paramount, and Nickelodeon.
The FCC, led by Brendan Carr, said that it approved the transfer of the company's broadcast licenses to Skydance and David Ellison.
1don MSNOpinion
Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.
1don MSN
Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.
The FCC's approval came amid speculation that Paramount's CBS subsidiary went to extraordinary lengths to appease the Trump administration to gain the governmental OK.
Brendan Carr discussed media course correction following Colbert's show cancellation and criticizes partisan content, highlighting Skydance's CBS News plans.
2don MSN
Despite this regrettable outcome, this Administration is not done with its assault on the First Amendment. In fact, it may only be beginning," Anna M. Gomez said.
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Regtechtimes on MSNQ Link Scandal: Telecom Company and CEO Fined $128M in Massive FCC FraudA South Florida business executive has been sentenced to five years in prison after he and his telecom company defrauded two major U.S. government programs. The CEO of Q Link Wireless, Issa Asad, was found guilty of orchestrating a massive fraud that targeted both the Federal Communications Commission’s (FCC) Lifeline program and the Paycheck Protection
The Federal Communications Commission (FCC) on Thursday approved an $8 billion merger agreement between media behemoths Paramount and Skydance, a deal that has been overshadowed for months by
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Mediaite on MSNTrump’s FCC Chair Says CBS Vow to Drop ‘Bias’ and ‘DEI’ Made the ‘Difference’ in Paramount Deal ApprovalBrendan Carr said CBS’s decision to “get rid” of DEI and “bias” was what “made the difference” in FCC decision to approve Paramount merger.