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FCC chairman on cancellation of Stephen Colbert's show
CNBC Televisionยท 2025-07-25 17:30
FCC Transaction & Commitments - The focus was on interactions with the new purchasers and their commitments in the FCC record, including addressing bias, DEI, and investing in local news [1] - Trusted local news sources are considered important [1] - New CBS owners committed to progress on bias and fact-based journalism [3] Legal & Regulatory Matters - A lawsuit involving President Trump was separate from the FCC and did not influence the transaction [4] - CBS Paramount had to pay $16 million to President Trump to settle the lawsuit [2] - A news distortion complaint against CBS is still pending at the FCC [4] Business Decision - The decision regarding Coar was a business decision made by the current owners [2]