FCC Approves Paramount-Skydance Deal
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South Park” delivered an episode this week that depicted a naked President Donald Trump in bed with the devil. Paramount just signed creators Trey Parker
FCC commissioner Brendan Carr says CBS will have a "bias monitor" who reports directly to the president of Paramount.
FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.
On Thursday, the FCC voted 2-1 to approve the $8.4 billion merger between CBS parent Paramount Global (PARA.O) and Skydance Media after Skydance agreed to ensure CBS news and entertainment programming is free of bias, hire an ombudsman for at least two years to review complaints and end diversity programs.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
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“This Is a Dangerous Thing”: Why One FCC Commissioner Is Sounding the Alarm on Paramount’s Deal
When the FCC approved the Paramount-Skydance merger Thursday, one commissioner blasted the decision, calling it an act of “ cowardly capitulation ” on behalf of Paramount and warning that this could lead to a further “erosion of our First Amendment protections.”