FCC approves Skydance's $8 billion Paramount acquisition

The Federal Communications Commission (FCC) has approved Skydance's $8 billion acquisition of Paramount Global and its subsidiaries, including the parent company of CBS Network. FCC Chairman Brendan Carr welcomed Skydance's commitment to ensure that its "news and entertainment programming will embody a diversity of viewpoints across the political and ideological spectrum," and its pledge not to establish DEI programs. However, FCC Commissioner Anna M. Gomez expressed concern over the $16 million settlement Paramount made with Donald Trump, which she believes was a concession to ensure the merger's approval. Gomez criticized the FCC's intervention in this matter, arguing that it undermines press freedom and legitimate efforts to combat discrimination. The article highlights the ongoing debate around the role of the government in media and corporate decisions, and the potential impact on press freedom and diversity.