Paramount Global is set to finalize its $8bn merger with Skydance Media, marking a pivotal shift in the entertainment industry under the Trump administration's influence. The merger's approval has raised eyebrows amidst political tensions and a recent lawsuit settlement with Trump.
The FCC has greenlit the $8 billion merger between CBS's parent company Paramount and Skydance Media, amidst accusations of political influence and promises of reform in news coverage.
In a fiery monologue, Stephen Colbert condemned Paramount Global's $16 million settlement of Trump's lawsuit over a '60 Minutes' story, calling it a 'big fat bribe.' His remarks come after Jon Stewart's similar criticism, igniting debates about media ethics and trust.
Paramount Global has scheduled its annual shareholder meeting for July 2, signaling potential delays in its $8 billion merger with Skydance Media. With regulatory hurdles and a lawsuit from Donald Trump, the merger's future remains uncertain.
In a surprising turn of events, Bill Owens resigns as executive producer of '60 Minutes' after 24 years, citing loss of independence amid corporate oversight and a controversial merger. Anchor Scott Pelley expresses the team's discontent over the departure, which raises questions about the future of honest journalism at CBS.
