FCC clears Paramount, Skydance merger
Digest more
Paramount had this month agreed to pay $US16 million, destined for the Trump Presidential Library, to settle a lawsuit by president Trump who alleged the CBS News program 60 Minutes had edited an interview with presidential candidate Kamala Harris to make her look better.
2don MSN
Despite this regrettable outcome, this Administration is not done with its assault on the First Amendment. In fact, it may only be beginning," Anna M. Gomez said.
Skydance has emphasized that the commitments are voluntary. Previously, Skydance and Paramount had argued against conditions imposed by the FCC to mandate benchmarks for viewpoint neutrality, saying that they would be “squarely foreclosed by the First Amendment and Supreme Court precedent.”
The end of legal wrangling between Paramount Global and President Donald Trump might be a relative win for the company, but its TV unit keeps eroding
The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president, the Larry Ellison family and mogul Shari Redstone.