Paramount-Skydance merger approved
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CBS parent Paramount needs approval from the FCC for an $8.4-billion merger with Skydance Media. FCC Chair Brendan Carr said after a commission meeting the agency continues to review the deal and praised commitments to end diversity programs.
On Monday July 7, representatives for the International Brotherhood of Teamsters and its Hollywood Local 399 and the conservative public interest group the Center for American Rights met with staff of the Federal Communications Commission to discuss a deal important to both of them: The Skydance -Paramount merger.
FCC chair Brendan Carr warned in March that businesses promoting DEI may not receive approval from the agency for their merger and acquisition deals. He specifically called out Paramount, Verizon and T-Mobile,
With the merger, Verizon becomes the largest wireless carrier in the U.S. Under financial terms of the deal, Verizon is acquiring Alltel for $5.9 billion plus the assumption of $22.2 billion in debt.
Verizon announced a range of new public commitments to protect low-income consumers in connection with its proposed acquisition of Tracfone. The deal is valued at over $6 billion. Skip to main content
The FCC delayed its meeting for more than four hours to negotiate conditions for its approval of the Verizon Wireless acquisition of Alltel. Marguerite Reardon started as a CNET News reporter in ...