FCC blesses Skydance-Paramount merger

Comes after the network agrees to concessions [Editor’s note: This post was updated July 25.] After months of waiting, the FCC has officially approved the Skydance-Paramount merger, which will bring changes to the nation’s most prestigious television network. Technically, the FCC approved the transfer of 28 FCC licenses of CBS stations to Skydance. CBS operates stations in eight of the […]

Paramount, Skydance deal finally consummated

After near collapse, the duo finally crosses the finish line With several false starts and a near collapse, the Paramount-Skydance deal is finally done.  Announced Sunday evening, Paramount Global and Skydance finally agreed to merge in a two-step process: First, Skydance will purchase National Amusements – a company long held by the Redstone family for $2.4 billion and pay another […]