Why the FCC probe into Paramount-Skydance merger could drag on for months: sources
1. FCC delays approval of $8 billion Skydance-Paramount merger until late 2025. 2. Inquiry focuses on CBS News' alleged public interest violations amid political controversies. 3. Possible remedies discussed include relocating CBS operations and increasing political diversity. 4. Legal costs and bureaucracy may further prolong the merger approval process. 5. Continued scrutiny on CBS could affect Paramount's future strategies and revenues.