The FCC has approved the Sky Dennis’ $ 8 billion Paramount Acquisition

by SkillAiNest

Regulators will not stand on the path to Sky Dennis’s paramount. The Federal Communications Commission is with Approved The purchase of $ 8 billion from Paramount Global and its subsidiaries, including the CBS Network’s primary company. In a statement, FCC Chairman Brandon Car said he “welcomes Sky Dennis’ commitment to make significant changes to the CBS Broadcast network once.” He said, Sky Dennis has made written promises to ensure that his “news and entertainment programming will embrace the diversity of approach in the political and ideological spectrum.” He also said that the Skydance “has committed that he will not set up a DEI program”.

“Americans no longer rely on the National News Media to make a fully, accurate and fair report. Now is the time … If these promises are implemented, it will enable the CBS to work in the public interest and focus on fair, impartial, and factual coverage.” Doing so will begin the process of withdrawing US confidence. Today’s decision also takes another step of the FCC. Reads the statement.

However, FCC Commissioner Anna M. Gomez issued a statement stating that “in the light of payment and other disturbing privileges, he could not support the deal that was made to set a baseless case.” In early July, Paramount agreed to pay $ 16 million to file a lawsuit filed by Donald Trump during a CBS interview with Kamla Harris during the 2020 presidential campaign. His lawyers have accused the network of “amending the public to confuse, deceive and mislead and mislead the public.”

Legal experts had said that there were no obstacles to the approval of the integration. When the news came out for the first time, the company said it plans to rebuild its streaming technology by reducing costs under its new CEO David Allison. Paramount, however, invested billions in his streaming service Paramount+, and he has not yet made a profit. The company said it was allocating $ 16 million to Trump’s future presidential library and was not “directly or indirectly”.

“In an unusual move, Gomez said in his statement,” Once the independent FCC used its vast power to make a private legal settlement and put significant pressures to further worsen the freedom of the press. ” “Once again, the agency is disrupting the legitimate efforts to counter discrimination and other government agencies who interfere with specific job affairs for other government agencies, to deal with discrimination and increase opportunities. It is even more worrying that the news is no longer a matter of news.

He added: “Payment of Paramount and this careless approval has encouraged those who believe that the government can misuse the power to remove financial and ideological privileges, demand its rightful treatment, and to demand positive coverage of the media. There is no power out, without any power.

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