The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on ... More March 9, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)An $8 billion merger between Paramount and Skydance Media was approved by the Federal Communications Commission on Thursday, according to multiple outlets , after Skydance said it would end diversity, equity and inclusion considerations in hiring, promotions, development and compensation.The FCC greenlit t ...

The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media, clearing the way for an $8.4 billion sale of some of the most prominent names in entertainment, including the CBS broadcast television network, Paramount Pictures, and the Nickelodeon cable channel.The FCC agreed to transfer broadcast licenses for 28 owned-and-operated CBS television stations to the new owners after Paramount paid $16 million to settle a lawsuit filed by President Trump over a ...

The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024.The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media.The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel."Americans no longer trust the legacy national news media to report fully, accurately, and fairly," Brendan Carr, chairman of the Federal Communications Commission, ...