The $8.4 billion merger between Paramount Global and Skydance Media received approval from U.S. regulators, facilitating the acquisition of major entertainment properties. Paramount settled a lawsuit from Trump over CBS News editing, which raised significant concerns regarding press freedom and possible political influence over the merger. The Federal Communications Commission (FCC) approved the merger with a 2-1 vote, facing backlash for the perceived partisan control over journalism. Critics, including Senators Markey and Luján, labeled the deal as a corrupt act following the settlement with Trump, urging for increased transparency in media ownership.
The $8.4 billion merger between Paramount Global and Skydance Media won approval from U.S. regulators, enabling ownership changes for major entertainment properties.
Paramount settled a lawsuit filed by Trump against the company over CBS News, raising controversies about press freedom and merger approval bias.
The Federal Communications Commission's approval was partisan, with disapproval for perceived controls over newsroom decisions and accusations of capitulation to Trump.
Senators Markey and Luján criticized the merger as corrupt due to the recent settlement with Trump, urging for accountability in media ownership.
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