FCC approves Paramount, Skydance merger
Digest more
Skydance separately promised to appoint a CBS News ombudsman to 'promote transparency and increased accountability' at CBS News. Skydance CEO David Ellison also has met with center-right journalist Bari Weiss.
The incoming owners plan to hire an ombudsman "who will receive and evaluate any complaints of bias or other concerns" at CBS News.
1don MSN
Federal government regulators approve an $8 billion merger between Paramount and Skydance. Jerome Powell pushes back during Donald Trump’s visit to the Federal Reserve’s headquarters. And the woman behind the viral “Jet2 holiday” soundbite is surprised at its popularity.
Employees of Paramount Global have been through the wringer over the last year and a half. And the uncertainty hanging over their heads is far from over. After M&A talks with Skydance Media that started in late 2023 whipped back and forth,
Paramount Global’s co-CEOs told employees Friday that they expect an August 7 closing date for the company’s merger with Skydance, praising staffers’ efforts during the grueling process of getting the deal done.