Skydance–Paramount Merger Official
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FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.
Hours after announcing the approval of Skydance’s merger with Paramount, FCC chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.
The signoff on the deal, which could close next month, follows Paramount’s settlement of a Trump lawsuit.
Paramount’s Skydance merger brings fresh leadership, cost synergies, and asset monetization to fuel a turnaround and reduce leverage. Learn why PARA stock is a buy.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.