Paramount Global is closing its $8bn merger with Skydance Media on August 7, two weeks after receiving approval from the Trump administration. Critics have scrutinized the merger for what they see as capitulations to Trump, including a $16m settlement. The deal concluded after the FCC approved it, despite concerns over Trump's influence on independent agencies. The merger marks a significant shift in the U.S. media landscape and brings an end to the Redstone family's control of the Paramount empire.
The merger agreement between Paramount Global and Skydance Media is set to close on August 7 and has sparked scrutiny over perceived concessions to Donald Trump's administration.
The Federal Communications Commission approved the merger after Paramount made moves interpreted as capitulations to the Trump administration, raising questions about the political influences on the deal.
Collection
[
|
...
]