FCC approves Paramount, Skydance merger
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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 merger clears the way for an $8.4 billion sale of some of the most prominent names in entertainment, including CBS, Paramount, and Nickelodeon.
The episode premiered less than two days after Paramount reached a $1.5 billion streaming deal with “South Park” creators Trey Parker and Matt Stone.
After the FCC approved Paramount Global's merger with Skydance, several pressing questions will confront the management of the combined company.
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