The FCC has approved the $8.4 billion merger between Paramount Global and Skydance Media, placing CBS and Paramount Pictures under Skydance CEO David Ellison. Despite the 2-1 vote in favor, the decision faced backlash, particularly from Democrat Anna Gomez, who criticized it as a capitulation to the Trump administration. The approval followed a $16 million settlement between Paramount and Trump over complaints regarding CBS election coverage. Critics question the timing of the merger, linking it to the financial implications of the lawsuit settlement and media bias concerns.
The Federal Communications Commission (FCC) approved the $8.4 billion merger between Paramount Global and Skydance Media in a 2-1 vote, despite criticisms surrounding the timing and motives behind the approval.
Democrats have expressed concern over the timing of the FCC's decision, stating that the merger approval followed Paramount's settlement with Trump on a lawsuit regarding election coverage on CBS News.
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