Trump's F.C.C. approves Skydance's merger with Paramount

The Trump administration’s FCC approved an $8 billion merger between Paramount and Skydance, forming the $28 billion Paramount Skydance Corporation, led by David Ellison. The 2-1 FCC vote followed Paramount’s $16 million settlement with Trump over a 2024 “60 Minutes” interview, sparking allegations of political influence.

FCC Chairman Brendan Carr praised Skydance’s pledge for unbiased journalism and no DEI programs, citing eroded trust in media. Democratic Commissioner Anna Gomez condemned the decision, arguing it threatens press freedom through unprecedented newsroom oversight.

Critics, including Stephen Colbert, suggested the settlement was a payoff for approval, which Paramount denied.