CBS, Paramount and The Late Show
Digest more
After a long, complicated slog toward Thursday’s FCC approval, Paramount Global and Skydance Media will now face a number of tricky questions in becoming one company. While the $8 billion-plus transaction will need a few more days to become official,
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.