Paramount, Skydance expected to close deal on Aug. 7

Paramount and Skydance announced on Friday that, with Trump administration approval, The much awaited merger between entertainment veterans is expected to occur next month.

Date of August 7, unveiled In a press releaseAfter the Federal Communications Commission (FCC), the merger was allowed to proceed after the first time the first year was proposed last year after the acquisition of Skydance’s Paramount.

Announcing the decision, FCC President Brendon Carr said that he welcomed Skidan commitment To be “fair” in his journalism and Desire to promote “Diversity of approach in political and ideological spectrum.”

“Americans no longer rely on the Legacy National News Media to report completely, accurate and impartially,” Carr said. “It is time for a change.”

Paramount Global, CBS’s original company and President Trump have upheaval. Tusrap Lawsed on Last year, after CBS’s “60 minutes”, he argued an interview that an interview with former vice -president Harris was converted into his favor during the 2024 presidential election cycle.

While the company included claims, including Release a full transcript From episodes, this Finally got organized With administration for $ 16 million. They Funds are determined Trump’s last president to visit the library.

The news outlet has also faced criticism in recent times, when CBS decided to sunset “The Late Show with Stephen Colbert” in next May, which was in the air after more than 30 years in the next May. Paramount said that this step was based on finance, but critics have argued disposal And there was a possibility of joining the Skidan Deal – and Bribery allegations Has floated.

Comedian Stephen Colbert, who hosted the show since 2015, is openly critical for merger. Colbert Destroy the network In the beginning of this week, for choosing the show and thanked those who have come in support, including Democrat, Press freedom advocate And many His late night Counterparts,

He said that “an important mistake” network was created when created Moving forward With the plan, “they left me alive.”

Colbert also dropped in Trump after President Said in online post That he loved “absolutely” that the comedian was removed “.

“How you dare, sir,” the host replied. “Will an incompatible person be able to create the following satirical vitamism: ‘Go F’ himself.”

Under the terms of $ 8 billion merger, the company will become “New Paramount” and will be led as the son of Trump-L and billionaire David Ellison Tech Tycoon and Oracle FounderLarry Ellison.

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