FCC clears Paramount, Skydance merger
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FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.
The signoff on the deal, which could close next month, follows Paramount’s settlement of a Trump lawsuit.
Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.
Paramount’s Skydance merger brings fresh leadership, cost synergies, and asset monetization to fuel a turnaround and reduce leverage. Learn why PARA stock is a buy.
With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.
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ADWEEK on MSNFCC Commissioner Anna Gomez Said Agency ‘Overstepping its Authority' in Paramount Merger
She said it was "a deal that was linked to a payout to settle a baseless lawsuit and other troubling concessions"
FCC Commissioner Anna Gomez issued a scathing statement of dissent following the FCC's approval of the Paramount and Skydance Media merger on Thursday