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FCC approves Skydance's $8 billion Paramount acquisition
Regulators won't stand in the way of Skydance's Paramount acquisition.
In early July, Paramount agreed to pay $16 million to settle the lawsuit Donald Trump filed over a CBS interview with Kamala Harris during the 2020 presidential campaign. "Once again, the agency is undermining legitimate efforts to combat discrimination and expand opportunity by overstepping its authority and intervening in employment matters reserved for other government entities with proper jurisdiction on these issues. She added: "The Paramount payout and this reckless approval have emboldened those who believe the government can — and should — abuse its power to extract financial and ideological concessions, demand favored treatment, and secure positive media coverage.
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