FCC, Paramount Start Talks Around Skydance Merger

FCC, Paramount Start Talks Around Skydance Merger

The Federal Communications Commission and Paramount have been in contact about steps needed for the agency to approve its sale to Skydance, Deadline has confirmed. The WSJ first reported the start of discussions over how the parties might work towards a green light of the deal announced last summer that’s been parked at the watchdog […]

Paramount and Skydance Near Merger Approval: Stocks Rise - Real News Now

The coming-together of entertainment behemoth Paramount (PARA) and Skydance has been balancing precariously for several months. Challenges posed by legal disputes and regulatory oversight were beginning to create a cloud of uncertainty around the prospective merger. However, recent developments suggest there may be light at the end of this tunnel. The suggestion that the Federal Communications Commission (FCC), one of the most significant impedi…

WSJ: Skydance Will Curb Certain DEI Efforts To Close Paramount Deal | Radio & Television Business Report

“People close to the discussions” have told The Wall Street Journal that Paramount Global will continue “to abstain from particular corporate diversity initiatives,” one step it will take to meet FCC approval of Skydance Media’s proposed merger with the company through an acquisition of the Redstone family’s National Amusements Inc., the controlling shareholder. Please Login to view this premium content. (Not a member? Join Today!)

FCC tells Paramount 'drop DEI' to get merger

The FCC ‘has engaged’ with executives at Paramount in order to discuss what will help win approval for its proposed deal to merge with Skydance Media. Conversations between FCC officials and Paramount executives involve the media company’s diversity and equity initiatives (DEI), according to the WSJ. FCC Chairman Brendan Carr has openly criticised DEI, recently […]

Discussions open between FCC and Paramount on Skydance merger

The United States Federal Communications Commission has begun discussions with Paramount Global over the steps the company would be required to take to secure the agency’s approval for its merger with Skydance Media. According to the Wall Street Journal, which first reported the story, one area of discussion is a commitment that the company continues to abstain from particular corporate diversity initiatives. FCC Chairman Brendan Carr has previo…

Report: FCC engages Paramount on remedies needed for merger approval

A microphone for CBS-owned KOVR-TV Sacramento at a press conference in July 2024. (Photo by Matthew Keys for The Desk) Officials at the Federal Communications Commission (FCC) have engaged with executives at Paramount Global on various remedies that will need to be implemented before the company is able to move forward with its proposed merger with Skydance Media, according to a report. On Thursday, the Wall Street Journal said conversations bet…