FCC Commissioner Anna Gomez Said Agency 'Overstepping its Authority' in Paramount Merger

FCC approves $8B Paramount-Skydance merger

NEW YORK — Federal regulators on Thursday approved Paramount's $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.

Paramount and Skydance Announce Anticipated Closing Date of August 7

Yesterday, the FCC gave Paramount Global and Skydance Media approval to move ahead with their merger. Today, the two companies have shared that the anticipated closing date of the deal is August 7, 2025. In Friday’s announcement, Paramount and Skydance also said that stock shares for the “New Paramount” will begin trading on the Nasdaq […] The post Paramount and Skydance Announce Anticipated Closing Date of August 7 appeared first on Cord Cutter…

FCC Commissioner Anna Gomez Said Agency 'Overstepping its Authority' in Paramount Merger

She said it was “a deal that was linked to a payout to settle a baseless lawsuit and other troubling concessions”

Paramount gets green light for $8 billion merger. But what is the psychic cost for company? - The Morning Sun

With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be completed in the coming weeks at a value of $8 billion. The question for the new company is whether the psychic cost is much higher. It has been a particularly rough few months at Paramount-owned CBS, where the settlement of a lawsuit regarding “60 Minutes” and announced end of Stephen Colbert's late-night show has led critics to suggest corpo…

Gomez: Full FCC Should Decide on Skydance/Paramount

FCC Commissioner Anna Gomez said any approval of Skydance Media's purchase of Paramount Global should be done at the full commission level. Speaking Thursday with reporters after the agency's July meeting, Gomez said Chairman Brendan Carr "is quite cognizant of...

Paramount-Skydance’s $8 billion merger gets greenlit by FCC

The $8.4 billion merger between Paramount Global and Skydance Media has received approval from the U.S. regulators. This deal will put well-known entertainment properties including the CBS broadcast television network, Paramount Pictures, and the Nickelodeon cable channel under the ownership of Skydance CEO David Ellison. Federal Communications Commission’s (FCC) regulators voted 2-1 along party lines to give the deal a green light. This comes a…