The Federal Communications Commission (FCC) approved an $8 billion merger between Paramount and Skydance with a 2-1 vote. This merger came after Skydance CEO David Ellison promised to discontinue implementing any additional DEI policies within the company. The approval followed Paramount's recent settlement agreement, in which they paid President Donald Trump $16 million over an issue related to a 2024 60 Minutes interview with Kamala Harris. The situation surrounding the merger is ongoing and developing further.
The Trump administration approved an $8 billion merger between Paramount and Skydance on Thursday. The Federal Communications Commission (FCC) voted 2-1 to approve the merger.
The merger was reportedly greenlit after Skydance CEO David Ellison vowed not to introduce any more DEI policies at the company.
The merger was approved just weeks after Paramount agreed to pay President Donald Trump $16 million as part of a settlement over a 2024 60 Minutes interview with Kamala Harris.
This story is developing.
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