Paramount-Skydance merger gets final approval from FCC
Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire Paramount, the parent company of CBS and other outlets including Comedy Central and MTV. The approval comes amid concerns about Paramount settling a lawsuit with Trump just days before CBS announced the cancellation of "The Late Show with Stephen Colbert" which has been critical of the president.
Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire Paramount, the parent company of CBS and other outlets including Comedy Central and MTV. The approval comes amid concerns about Paramount settling a lawsuit with Trump just days before CBS announced the cancellation of "The Late Show with Stephen Colbert" which has been critical of the president.
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