Core Viewpoint - Skydance Media plans to eliminate diversity, equity, and inclusion (DEI) initiatives and implement an ombudsman to address perceived bias within CBS News following a merger with Paramount Global, pending FCC approval [1][2][6]. Company Actions - Skydance and Paramount have agreed to a multi-billion-dollar merger, with Skydance CEO David Ellison taking control of the combined entity [2]. - Skydance confirmed the elimination of DEI initiatives previously in place at Paramount and stated its commitment to comply with non-discrimination laws [3][6]. - Paramount will not engage in DEI-related disparate treatment in hiring and will not set numerical goals based on race, ethnicity, sex, or gender [7]. Governance and Oversight - An ombudsman will be appointed to report to the president of New Paramount, tasked with evaluating complaints of bias or concerns related to CBS [11]. - New Paramount's leadership will consider complaints in overseeing CBS's news programming, aiming for increased transparency and accountability [14]. Context and Background - The merger follows a settlement between Paramount Global, CBS, and President Trump regarding an election interference lawsuit, which was believed to be a strategic move to avoid potential repercussions from the Trump-led FCC [15].

Core Viewpoint - T-Mobile is experiencing reduced regulatory scrutiny following its commitment to end diversity, equity, and inclusion (DEI) practices, coinciding with the closure of an antitrust investigation into its proposed $4.4 billion merger with UScellular [1][2][5] Group 1: Regulatory Developments - The Justice Department announced the closure of its antitrust probe into T-Mobile's merger with UScellular, indicating no intervention in the proposed deal [1][5] - T-Mobile's decision to end DEI policies aligns with a broader trend among companies since the reelection of President Donald Trump [2] - The company is also seeking approval for an additional acquisition of the internet service provider Metronet [3] Group 2: Industry Concerns - Assistant Attorney General Gail Slater expressed concerns regarding ongoing consolidation in the wireless services industry, particularly the potential hindrance to the emergence of a fourth national player [4] - The Department of Justice evaluated the potential harm to competition and consumer effects, concluding that the benefits of the transaction outweighed the potential harms [5]