US FCC clears $8bn Skydance-Paramount merger

The US FCC has approved the $8 billion merger between Paramount Global and Skydance Media, transferring broadcast licenses for 28 CBS television stations. The approval, announced by FCC head Brendan Carr, includes promises from Skydance for unbiased journalism and an ombudsman to handle complaints of bias. This merger follows legal settlements between Paramount and President Trump over broadcasting disputes, with Paramount Global encompassing major media brands such as CBS, MTV, and Paramount Pictures.