David Letterman blasts CBS and Skydance 'goons'
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FCC approves Paramount’s $8B deal with Skydance
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FCC chairman Brendan Carr praised Skydance Media's commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global.
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The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
Recently, comedian Stephen Colbert—whose popular CBS Late Show will be canceled next May despite being No. 1 in the late-night talk show ratings, in what many view as censorship due to his jokes about Trump—pointedly mocked the settlement the first chance he got, AP News reported.
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.
Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.
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Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.