The Federal Communications Commission (FCC) approved the $8 billion merger between Paramount Global and Skydance Media.
The approval came a little over a year after the two companies agreed to the merger. On Thursday, the FCC officially approved the “transfer of licenses for 28 CBS-owned local TV stations to the Skydance-led ownership group that is taking over Paramount Global — removing the merger’s final regulatory hurdle,” according to Variety .
The FCC approved the deal by a vote of 2-1, with only Commissioner Anna Gomez (a Biden appointee) opposing it on the grounds of Paramount recently settling a lawsuit with President Trump, which…
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