Paramount Global is waiting for one last step before completing its sale to independent film and TV producer David Ellison’s Skydance Media. The Federal Communications Commission must approve the transfer of the company’s broadcast licenses, according to Bloomberg. The agency is concerned about news bias inside the media company, as well as the legality of its DEI efforts. Paramount’s merger with Skydance Media Paramount’s transfer to Skydance Media progressed after the media group settled Trump’s news-bias lawsuit against its CBS News division by agreeing to pay $16 million for his legal expenses and a donation
The Federal Communications Commission (FCC) has opened an investigation into Disney and its subsidiary ABC, examining whether their diversity, equity, and inclusion (DEI) policies violate federal broadcast regulations. FCC Commissioner Brendan Carr requested the probe, raising concerns that Disney’s DEI initiatives may conflict with the agency’s equal employment opportunity rules. Disney holds broadcast licenses for its ABC affiliate stations, which the FCC regulates. DEI Under Scrutiny In a letter to CEO Bob Iger dated March 27, Carr said he wants to ensure the company is not engaging in “invidious forms
