FCC Approves $8 Billion Merger Between Paramount and Skydance

Reported about 19 hours ago

The FCC has officially approved Paramount's acquisition of Skydance for $8 billion, paving the way for the deal to close in the coming weeks after a lengthy review process. Analysts express concerns about the future business models of both companies, particularly Paramount Plus amid stagnant subscriber growth, and the implications for their linear networks and sports rights negotiations.

Source: YAHOO

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