Paramount Will Be A “Melting Ice Cube” If Trump Dooms Skydance Deal, Ex-FCC Commissioner Rob McDowell Says – But Even A 2-Member Agency Could Still Approve It

Paramount Global will be “a melting ice cube” if its pending $8 billion merger with Skydance Media doesn’t close, former FCC commissioner Rob McDowell cautioned Thursday. Asked about the state of the FCC’s review of the deal during an appearance at Gabelli Funds’ 17th Annual Media & Sports Symposium in New York, McDowell said even a depleted commission could still approve the transaction. The regulatory body is about to go down to just two members, one Republican and one Democrat, raising questions about i ...