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"The Federal Communications Commission on Thursday formally approved the $8 billion merger of CBS parent company Paramount and Skydance Media, ending a more than 250-day review process marked by controversy and accusations of inappropriate political pressure.
The vote was 2-1, with Democratic-appointed commissioner Anna M. Gomez opposing the transaction. “Americans no longer trust the legacy national news media to report fully, accurately, and fairly,” FCC Chairman Brendan Carr said in a statement. “It is time for a change. That is why I welcome Skydance’s commitment to make significant changes at the once storied CBS broadcast network.”
...Earlier this month, Paramount agreed to pay $16 million to settle a lawsuit filed last year by then-candidate Trump over CBS’s editing of a “60 Minutes” interview with Kamala Harris. Although the company said the settlement was separate from the FCC’s review process, many critics saw the deal as a down payment on approval of the merger. The settlement was finalized this week. Late last week, Paramount said it would cancel “The Late Show With Stephen Colbert,” just days after the frequent Trump critic described his parent company’s payment as a “big fat bribe.” During an appearance on Fox News on Thursday, Carr did not answer directly when asked whether Trump was involved with the cancellation, which the president celebrated on social media — but which Paramount described as a purely “financial” transaction.
Link
After a lengthy review, lol! is anyone surprised by this?
Is firing Colbert one of those welcome changes?
I haven't seen the US government dictate what a network can do since the Blacklists of the 1940s and '50s.
The vote was 2-1, with Democratic-appointed commissioner Anna M. Gomez opposing the transaction. “Americans no longer trust the legacy national news media to report fully, accurately, and fairly,” FCC Chairman Brendan Carr said in a statement. “It is time for a change. That is why I welcome Skydance’s commitment to make significant changes at the once storied CBS broadcast network.”
...Earlier this month, Paramount agreed to pay $16 million to settle a lawsuit filed last year by then-candidate Trump over CBS’s editing of a “60 Minutes” interview with Kamala Harris. Although the company said the settlement was separate from the FCC’s review process, many critics saw the deal as a down payment on approval of the merger. The settlement was finalized this week. Late last week, Paramount said it would cancel “The Late Show With Stephen Colbert,” just days after the frequent Trump critic described his parent company’s payment as a “big fat bribe.” During an appearance on Fox News on Thursday, Carr did not answer directly when asked whether Trump was involved with the cancellation, which the president celebrated on social media — but which Paramount described as a purely “financial” transaction.
Link
After a lengthy review, lol! is anyone surprised by this?
Is firing Colbert one of those welcome changes?
I haven't seen the US government dictate what a network can do since the Blacklists of the 1940s and '50s.