FCC approves Paramount-Skydance merger following Trump settlement, Colbert cancellation
2025-07-24 22:17:57
The Federal Communications Committee (FCC) has announced that it has agreed to the 8 billion dollars integration between Paramount Global and Skydance Media, which puts an end to the high risk bumps throughout the year.
“The Americans are no longer trusted in the old national media to report fully, accurately, accurate,” said Brendan Car, Chairman of the Federal Communications Committee. “In particular, Skydance has made written obligations to ensure that the new company’s programming embodies a variety of views from all over the political and ideological spectrum. Skydance will also adopt measures that can be divided from the bias that have undermined confidence in the national media.”
“These obligations, if implemented, will enable CBS to work in the public interest and focus on fair and unbiased and fact -based coverage. Do this will start the process of obtaining confidence Car.
This merger comes a few days after President Donald Trump’s lawsuit to Bramont in favor of millions of dollars, and its network was canceled “The Late Show with Stephen Colbert”.
Paramount Skydance Corp heads the newly formed CEO David Ellson, the son of the co -founder of billionaire Larry Ellison, and former CEO of NBCunivesal, Jeff Shell, who will work as president.
The shareholder who controls Paramount Shari Redstone, who dominated more than three quarters of Paramount voting shares from the company.
Industry people believe that Ellison, who was seen sitting with President Donald Trump at the UFC event in April, will aim to eliminate the liberal inclination imagined in CBS News. It was previously reported that Skydance is committed to appointing grievances to overseeing the content of CBS news.
Ellison and Shell were assigned to enhance Paramount and CBS brands and said that the newly formed company will aim to be an initial destination for the creativity of the narrators.
Redstone was a controlled contributor to Paramount through National Amusements Inc. , The company that he controlled in 2016 when her father was in the field of media, and her media father, Somner RedstonIt was considered very impotent to operate the company. He died in 2020.
The merger comes after years of attention from different potential offers. When it was announced for the first time last year, Paramount said that the Skydance Investor Group will pay $ 2.4 billion to the National Amusements Inc.
The 2024 announcement also said that the Ellison family and the Redbird Capital group led by Capital partners will invest with a maximum of $ 6 billion in cash or shares to other NAI shareholders and in “additional capital for the debts of payment and re -drawing the public budget of the new company.
Redstone has been set for a significant height as a result of the deal with Ellison. Bloomberg reported last year that she would get $ 180 million at a top of nearly $ 350 million, which will attract her from the merger.
Before the integration became official, Paramount and CBS agreed to settle the lawsuit “election” for President Trump earlier this month due to an amount expected to be a northern $ 30 million, including $ 16 million provided to the Trump Presidential Library.
A source familiar with the leadership of the Redstone era in Paramount told Fox News Digital that the amount of $ 16 million not only took place to the punishment by the official broker, and they had no knowledge of any Trump deal with an incoming ownership. Trump in fact confirmed this week that he is expected to allocate $ 20 million from new owners of ads and public service advertisements to enhance conservative reasons.
Redston, who retracted herself from the discussions related to the “Election Interior” claim in February, was not pleased to take the president sitting and signed a settlement. It is widely believed that she wants to settle in the hope of preventing potential revenge by FCC Trump, which had the power to integrate with Skydance.
The reporter “60 minutes” has long described Steve Crofit as “Shakedown,” John Stewart of Comedy Central criticized the agreement on the pummont air waves, described by Brian Stetler from CNN as a “annoying development” and current CBS news staff who were not believing.
“This settlement is a greeting surrender by corporate leaders in Paramount, basic betrayal of ’60 minits’ and CBS News,” veteran “60 minutes.” Roma Hartmann told the producer Fox News digital at that time.
Meanwhile, Paramount and CBS ignited more violent reaction between the liberals last week when She announced the cancellation From “late offer with Stephen Colbert”. CBS insisted that it was a purely financial decision, while many critics, including senior Democrats, accused the political motivation network before Skydance.
But Kulber’s offer was CBS loss 40 million dollars per year And he was working on a huge budget of $ 100 million in the season.
However, Paramount was at the recipient of extreme criticism, including his own talent such as “Daily Host of John Stewart and South Park, both of which appeared on a comedy owned by Paramount.
Senator Bernie Sanders, I, Elizabeth Warren, Di Mass, Ron Widen, D-Awar, sent a message to Ellison calling for answers about Trump’s settlement and cancellation of Colbelt, indicating that the anti-bribery laws may have been broken in order to integrate the FCC consent.
Aislinn Murphy from Fox News Digital contributed to this report.
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