FCC, Paramount Start Talks Around Skydance Merger
The Federal Communications Commission and Paramount have been in contact about steps needed for the agency to approve its sale to Skydance, Deadline has confirmed.
The Wall Street Journal first reported the start of discussions over how the parties might work towards a green light of the deal announced last summer that’s been parked at the watchdog agency ever since.
Not surprisingly, one initial concession by Paramount could include the company continuing to abstain from Dei efforts, a target of President Donald Trump and his appointed FCC chairman Brendan Carr.
The outreach this week is a rare sign of progress around the sale of Shari Redstone’s Paramount Global to David Ellison’s Skydance Media in a deal backed by Oracle co-founded and CEO Larry Ellison and RedBird Capital. The merger agreement was automatically extended earlier this month for another 90 days pending the regulatory review.
The FCC has sway...
The Wall Street Journal first reported the start of discussions over how the parties might work towards a green light of the deal announced last summer that’s been parked at the watchdog agency ever since.
Not surprisingly, one initial concession by Paramount could include the company continuing to abstain from Dei efforts, a target of President Donald Trump and his appointed FCC chairman Brendan Carr.
The outreach this week is a rare sign of progress around the sale of Shari Redstone’s Paramount Global to David Ellison’s Skydance Media in a deal backed by Oracle co-founded and CEO Larry Ellison and RedBird Capital. The merger agreement was automatically extended earlier this month for another 90 days pending the regulatory review.
The FCC has sway...
- 4/24/2025
- by Jill Goldsmith and Ted Johnson
- Deadline Film + TV
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