Paramount, Skydance must scrap DEI to pass FCC’s…
The Federal Communications Commission has been reviewing M&A offers in the media space for many years and a key concern for the company is whether or not such mixtures are in the “public interest.”
Skydance’s $8 billion buy of Paramount and its CBS News subsidiary would possibly just pass the FCC’s public curiosity litmus check — a loosely outlined idea that includes selling equity in broadcasting and how corporations are managed — if and only if the fellows in charge of the new company ditch any allegiance to Diversity, Equity and Inclusion insurance policies, On the Money has…
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