FCC greenlights $8.4B sale of CBS parent Paramount…
The Federal Communications Commission on Thursday authorized the merger between Paramount Global and Skydance Media, clearing the best way for an $8.4 billion sale of some of essentially the most outstanding names in leisure, including the CBS broadcast tv community, Paramount Pictures, and the Nickelodeon cable channel.
The FCC agreed to switch broadcast licenses for 28 owned-and-operated CBS tv stations to the new homeowners after Paramount paid $16 million to settle a lawsuit filed by President Trump over a “60 Minutes” interview with former Vice President…
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