FCC approves Paramount, Skydance merger
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As Skydance-Paramount Merger Closes, the ‘South Park’ Trump Takedown Shows the Fight Is On | AnalysisSkydance got an immediate taste of the public relations headaches that come with the studio’s powerful, Trump-baiting talent.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
Jon Stewart lambasted CBS’ decision to cancel “The Late Show With Stephen Colbert” on Monday’s episode of “The Daily Show,” ripping their shared parent company, Paramount Global, for what he called a
President Donald Trump said Paramount's soon-to-be new owners Skydance agreed to an additional $20 million payment on top of the company's $16 million settlement of CBS' "60 Minutes" lawsuit, to be paid in the form of public service announcements and other programming.
Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'
Skydance's CEO told the FCC this week that CBS would reflect "varied ideological perspectives" of U.S. viewers, while touting "American storytelling."
CBS News has been dogged for decades by allegations of liberal bias, with the controversies over its coverage decisions intensifying over the last year.
In meeting with FCC officials, Skydance's David Ellison promised that CBS's "editorial decision-making reflects the varied ideological perspectives of American viewers."