FCC Approves Paramount-Skydance Deal After Skydance’s CBS Ombudsman, Anti-DEI Pledges

The FCC has granted approvals necessary to clear the way for the $8 billion merger of Paramount Global and David Ellison’s Skydance Media. The agency OK’d the transfer of licenses for 28 CBS-owned local TV stations to the Skydance-led ownership group that is taking over Paramount Global — removing the merger’s final regulatory hurdle. The […]