As July began, Paramount paid $16 million to settle a Trump civil suit. As July ended, Trump's FCC appointees approved Paramount’s $8 billion merger deal.

The FCC, led by Brendan Carr, said that it approved the transfer of the company's broadcast licenses to Skydance and David Ellison.

The Larry Ellison family and RedBird Capital Partners are expected to take control of Paramount in the coming days. David Ellison, 42, will serve as chairman and chief executive.