FCC approves Skydance's $8 billion Paramount acquisition
140d ago
Technology
Engadget

The Federal Communications Commission (FCC) has approved Skydance's $8 billion acquisition of Paramount Global, including CBS Network. FCC Chairman Brendan Carr welcomed Skydance's commitment to altering CBS's programming. Skydance has pledged to ensure a diversity of viewpoints across the political and ideological spectrum in its news and entertainment. Furthermore, Skydance has committed to not establishing Diversity, Equity, and Inclusion (DEI) programs. The FCC's approval removes a significant regulatory hurdle for the deal, paving the way for Skydance to finalize the acquisition and implement its planned changes at Paramount.