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US Regulators Let Skydance Acquire Paramount Global

Skydance Acquire Paramount Global
International Business Times Fews App News Provider
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US regulators approval of the deal for Skydance to buy Paramount Global comes after Paramount subsidiary CBS network announced an end date for The Late Show With Stephen Colbert, who has mocked US President Donald Trump AFP US regulators on Thursday approved an $8 billion deal for Skydance to acquire Paramount Global after receiving assurances the merged company will follow Trump administration guidelines against programs promoting diversity, equity and inclusion. The clearance came with "written commitments" by Skydance to ensure the new company's news and entertainment programming "will embody a diversity of viewpoints across the political and ideological spectrum," according to Federal Communications Commission chairman Brendan Carr. Clearance of the acquisition follows about a week after the CBS network, a Paramount unit, said "The Late Show with Stephen Colbert," a staple of late-night US television, will end in 2026.

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