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FCC Approves Paramount-Skydance Merger With Oversight Conditions, Fueling CBS News Independence Fears

Paramount-Skydance will install an independent ombudsman, scaling back DEI initiatives in compliance with FCC conditions

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Overview

  • The FCC granted final approval for the $8 billion merger between Paramount Global and Skydance Media, which is set to close on August 7, 2025.
  • As part of its public-interest requirements, the combined company must appoint a newsroom ombudsman and eliminate new diversity, equity and inclusion programs.
  • Paramount settled President Trump’s $20 billion lawsuit for $16 million after FCC-released transcripts showed ‘60 Minutes’ had not deceptively edited Kamala Harris’s interview.
  • CBS News named Tanya Simon as executive producer of ‘60 Minutes’ to stabilize leadership following the resignation of her predecessor.
  • Veteran journalists, including Connie Chung, and ‘60 Minutes’ staff warn that merger-related pressures could erode editorial autonomy and unbiased reporting.