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FCC Approves Skydance-Paramount $8B Merger

The FCC has officially approved Skydance’s $8 billion acquisition of Paramount Global, including CBS, Comedy Central, Nickelodeon, and Paramount Pictures—ending a long period of deal limbo, but igniting fresh controversy. The 2-1 vote came with some very Trump-era conditions. Skydance agreed to keep CBS News “fair, unbiased, and fact-based” and to ensure a variety of political viewpoints in its content. The company also promised not to implement any DEI (Diversity, Equity, and Inclusion) policies—a move that aligns with President Trump’s efforts to dismantle DEI programs across the country. FCC Chairman Brendan Carr celebrated the approval, saying it will restore public trust in media, particularly CBS, which he said was once “storied.” He framed the decision as part of a broader effort to eliminate what he called “invidious” DEI discrimination.

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