FCC OKs $8B Paramount—Skydance Deal, Says It Ensures ‘Diversity of Viewpoints' at CBS
1. FCC approved Paramount's $8 billion merger with Skydance Media. 2. Skydance commits to diverse programming for New Paramount's news offerings. 3. Paramount paid $16 million to settle a lawsuit with President Trump. 4. Cancellation of 'The Late Show With Stephen Colbert' impacts financial decisions. 5. David Ellison will lead New Paramount as CEO after the merger.