US FCC Approves $8 Billion Merger of Paramount and Skydance

Reported 1 day ago

The U.S. Federal Communications Commission has approved the $8.4 billion merger between Paramount Global and Skydance Media, allowing the transfer of major entertainment properties such as CBS and Nickelodeon. This decision follows a controversial $16 million settlement related to a lawsuit from Donald Trump against Paramount and CBS. While the merger was supported by a 2-1 partisan vote, critics argue it compromises press freedom and editorial integrity.

Source: YAHOO

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