💨 Abstract
Federal regulators approved Paramount's $8 billion merger with Skydance. The deal faced delays due to President Donald Trump’s legal battle with “60 Minutes” and a contentious $16 million settlement. Paramount's cancellation of Stephen Colbert's "Late Show" sparked criticism. FCC Chairman Brendan Carr praised the merger, stating it could restore balance to CBS news media.
Courtesy: WTOP Staff
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