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Paramount

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