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Skydance and Paramount Press FCC for Full Vote After Ombudsman and DEI Rollback Pledges

Commissioner Anna Gomez plans to advance a full FCC vote on the $8 billion merger.

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Pedestrians walk past CBS Corp. headquarters in New York, U.S., on Saturday, April 30, 2016.
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Overview

  • Skydance, Paramount and National Amusements met with Commissioner Anna Gomez to emphasize the deal’s public interest benefits and respond to petitions from unions, affiliates and advocacy groups.
  • The companies pledged to appoint a CBS News ombudsman reporting to the network president for at least two years to receive and evaluate any complaints of bias.
  • They committed to eliminate all diversity, equity and inclusion initiatives at Paramount and to comply strictly with federal non-discrimination laws.
  • They said the merger would preserve CBS’s network reach and its 28 owned-and-operated stations without reducing competition, noting Skydance holds no voting interest in broadcast outlets.
  • Commissioner Gomez is urging the full FCC commission to vote on the transaction before the Oct. 6 closing deadline, after the review has been extended twice by 90 days.