Media merger: CBS owner Paramount to enter $8.4B deal with Skydance, after lawsuit settlement with Trump; new owners commit $20 mn to pro MAGA ads

The US Federal Communications Commission (FCC) has officially approved the $8.4 billion merger between Paramount Global and Skydance Media, clearing the final regulatory hurdle for a deal that had faced months of political and legal wrangling. The merger will hand over control of some of the biggest names in entertainment, CBS, Paramount Pictures, the Paramount+ […]

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