FCC, Skydance Media and Paramount
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Hours after announcing the approval of Skydance’s merger with Paramount, FCC chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.
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Federal government regulators approve an $8 billion merger between Paramount and Skydance. Jerome Powell pushes back during Donald Trump’s visit to the Federal Reserve’s headquarters. And the woman behind the viral “Jet2 holiday” soundbite is surprised at its popularity.
Skydance needs FCC approval in order to take over Paramount. It’s now promising to root out “bias” at CBS News in order to get it.
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Look at what is happening. NPR has been defunded, PBS has been defunded, Colbert is getting canceled,’ Brendan Carr declared when asked if Trump played a role in The Late Show coming to an end.
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Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks.
Trump reached a $16 million settlement with Paramount after suing CBS News over a “60 Minutes” interview with Kamala Harris.