The Paramount International headquarters in New York, US, on Tuesday, Aug. 27, 2024.
Yuki Iwamura | Bloomberg | Getty Pictures
The Federal Communications Fee cleared the way in which Thursday for an $8 billion merger between Paramount and Skydance Media.
The deal, which was introduced greater than a 12 months in the past, consists of the CBS broadcast tv community, Paramount Footage and the Nickelodeon channel.
“Individuals now not belief the legacy nationwide information media to report totally, precisely, and pretty,” Brendan Carr, chairman of the Federal Communications Fee, wrote in an announcement Thursday. “It’s time for a change. That’s the reason I welcome Skydance’s dedication to make vital modifications on the as soon as storied CBS broadcast community.”
Carr famous that Skydance had made written commitments to make sure the brand new firm’s programing would have a variety of viewpoints throughout the political and ideological spectrum.
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