Regulators will not stand in the way of Skydance Paramount acquisitionFederal Communications Commission has allowed Permount global and procurement of $ 8 billion of its subsidiaries including CBS network’s original company. In a statement, FCC President Brendon Car stated that he “welcome Skydance’s commitment, once to make significant changes in the CBS broadcast network.” Skydance, he said, there are written commitments to ensure that its news and entertainment programming will embrace the diversity of diversity in political and conceptual spectrum. ” He also said that Skydance “committed that it would” not “establish the” DI programs.
“Americans no longer trust the Legacy National News Media to report it completely, accurately, and fairly. Reads
FCC Commissioner Anna M. Gomez, however, issued a statement, stating that she could not support the deal in the light of payment and other disturbed concessions to settle an baseless case. In early July, paramount Agreed to pay $ 16 million Donald Trump filed a CBS interview with Kamla Harris during the 2020 Presidential campaign to prosecute. His lawyers accused the network of “to confuse, cheat and mislead the public for editing their answers.”
Legal experts at the time said that paramount could be organized to ensure that there are no obstacles to the merger approval. When the news about the acquisition was first revealed, the company said it is planning to rebuild its streaming technology, reducing the cost under its new CEO David Ellison. Paramount, finally, invested billions in its streaming service paramount+, and had yet to be bent profitable. The company said it was allotted $ 16 million to Trump’s future President’s Library and was not paying it “directly or indirectly”.
Gomez said in his statement, “In an unprecedented step, this time-independence FCC used a private legal settlement to use its vast power to pressurize the paramount to the broker and eradicated the freedom of the press.” “Once again, the agency is reducing legitimate efforts to deal with discrimination and expanding the opportunity to eliminate its rights and intervene in the matters of employment reserved for other government institutions with proper jurisdiction on these issues. Even more dangerous, it is no longer seen that the decisions and editorial decisions of the news room have never been already detected.”
He said: “Paramount payout and this careless approval has accepted those who can accept the government – and – to misuse their power to remove financial and ideological concessions, demand treatment, and secure positive media coverage. The undisputed power has no right place in America. “
