FCC approves Paramount–Skydance merger
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FCC Commissioner Anna Gomez issued a scathing statement of dissent following the FCC's approval of the Paramount and Skydance Media merger on Thursday
The FCC's approval, which was necessary for the deal to move forward, caps a long-running corporate saga over the fate of Paramount, which owns Paramount+, the Paramount Pictures movie and television studios, the CBS television network and CBS News and Stations. Paramount also owns Nickelodeon, BET, MTV, Comedy Central and other media brands.
The merger between Paramount (PARA) and Skydance got a lot more complicated after President Trump took office. Yahoo Finance Senior Columnist Rick Newman takes a closer look at the feud. To watch more expert insights and analysis on the latest market action,
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.