The Paramount Pictures logo is displayed in front of Paramount Studios in Los Angeles on Jan. 31, 2024. Mario Tama/Getty Images
The Trump administration approved CBS parent company Paramount Global’s $8 billion merger with Skydance, Federal Communications Commission (FCC) Chairman Brendan Carr said on July 24.
“The FCC has approved Skydance’s purchase of CBS after the company made significant new commitments on … addressing bias and restoring fact-based reporting, ending discriminatory [diversity, equity, and inclusion practices], [and] investing in trusted local news,” Carr wrote in a post on X.
