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Paramount-Skydance merger approved after companies agree to government speech demands

by Investor News Today
July 26, 2025
in Technology
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Paramount-Skydance merger approved after companies agree to government speech demands
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The Federal Communications Fee (FCC) has permitted Skydance’s $8 billion buy of CBS-owner Paramount after the businesses agreed to finish variety, fairness, and inclusion (DEI) applications however characteristic a “variety of viewpoints from throughout the political and ideological spectrum.”

In mild of the Trump administration’s critiques of CBS’s alleged anti-conservative bias — together with amassing a $16 million settlement over the president’s lawsuit over an allegedly deceptively edited video of then-Democratic presidential candidate Kamala Harris on 60 Minutes — the businesses’ dedication to handle bias within the lawsuit possible means that includes extra conservative programming. Skydance agreed to make use of an ombudsman for no less than two years, “who will obtain and consider any complaints of bias or different issues involving CBS.”

“Individuals now not belief the legacy nationwide information media to report absolutely, precisely, and pretty. It’s time for a change,” Republican FCC Chair Brendan Carr mentioned in a press release asserting the company’s approval. “That’s the reason I welcome Skydance’s dedication to make important modifications on the as soon as storied CBS broadcast community.” He mentioned the commitments “would allow CBS to function within the public curiosity and give attention to honest, unbiased, and fact-based protection,” and mark “one other step ahead within the FCC’s efforts to remove invidious types of DEI discrimination.” Carr additionally boasts that Skydance “reaffirms its dedication to localism as a core part of the general public curiosity commonplace,” and that the approval will “unleash the funding of $1.5 billion into Paramount.”

Carr has made no secret of his distaste for information protection he sees as disproportionately unfavorable to the proper and DEI insurance policies he believes contribute to unfair therapy. He’s opened investigations into all three main networks in addition to NPR and PBS (NBCUniversal and its proprietor Comcast are traders in The Verge guardian firm Vox Media). Per week in the past, CBS introduced it was retiring The Late Present, hosted by Trump critic and comic Stephen Colbert. The community mentioned it was “purely a monetary determination.”

The FCC’s solely remaining Democratic commissioner, Anna Gomez, dissented, writing that, “In an unprecedented transfer, this once-independent FCC used its huge energy to stress Paramount to dealer a non-public authorized settlement and additional erode press freedom … Much more alarming, it’s now imposing never-before-seen controls over newsroom choices and editorial judgment, in direct violation of the First Modification and the regulation.” Nonetheless, she gave Carr credit score for calling a vote on the matter, reasonably than rubber-stamping the merger by one of many company’s bureaus, prefer it did for the Verizon-Frontier merger, which equally required an finish to DEI applications.

Gomez warns that this settlement is simply the canary within the coal mine. “The Paramount payout and this reckless approval have emboldened those that imagine the federal government can—and may—abuse its energy to extract monetary and ideological concessions, demand favored therapy, and safe constructive media protection,” she writes. “It’s a darkish chapter in an extended and rising report of abuse that threatens press freedom on this nation. However such violations endure solely when establishments select capitulation over braveness. It’s time for firms, journalists, and residents alike to face up and communicate out, as a result of unchecked and unquestioned energy has no rightful place in America.”



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