FCC approves Paramount, Skydance merger
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Skydance got an immediate taste of the public relations headaches that come with the studio’s powerful, Trump-baiting talent.
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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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With the FCC having cleared the Skydance Media-Paramount merger, Paramount Global co-CEO Chris McCarthy will leave the company, a company source confirmed to Variety.
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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.”