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The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.
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The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.
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Paul Wesley says he made a conscious choice to develop his own version of James T. Kirk rather than copy William Shatner's iconic performance.
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.
CBS News tapped Tanya Simon to become the "60 Minutes" executive producer following parent company Paramount's major settlement to President Donald Trump.
CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.
The biggest hurdle will be overcoming the stain covering the deal itself after the concessions required to get it over the finish line.