HomeEnglishBusinessFCC approves $8 billion Paramount-Skydance merger

FCC approves $8 billion Paramount-Skydance merger

Paramount Global Headquarters in New York, USA on Tuesday, August 27, 2024.

Yuki Evmura | Bloomberg | Getty images

Federal Communications Commission approved on Thursday for a merger of $ 8 billion of great quality And Skydance Media.

The deal declared more than a year ago includes CBS Broadcast Television Network, Paramount Pictures and Nickelodian channels.

Brendon Carr, chairman of the Federal Communications Commission, said in a statement on Thursday, “Americans no longer believe the Legacy National News Media to report it completely, accurately and fairly.” “This is a time of change. That is why I once welcome Skidan’s commitment to make significant changes in the CBS broadcast network.”

Carr said Skydance had made written commitments to ensure the programming of the new company that there would be diversity of diversity in political and ideological spectrum. Skydance also said that it would appoint a third-party fair outdoor person to report to the chairman of the new company to evaluate the complaints of prejudice.

The Chairman of the FCC also said that Skydance has no DEI program and has agreed to set up any such initiative in the new company.

The decision to greenlite the merger by FCC was not unanimous. Three-Person’s Loan Democrat Commissioner Anna Gomez, protesting the move, said that he was upset with the recent payment of paramount, which to deal with a suit brought by President Donald Trump against CBS’s “60 minutes”.

He said, “The paramount payment and this careless approval has accepted those who believe that the government should misuse its power to remove financial and ideological concessions, demand treatment treatment and secure positive media coverage,” he wrote in an inconvenience statement.

This is breaking news. Please fresh for update.

Source link

RELATED ARTICLES
- Advertisment -

Most Popular