$8 billion acquisition of Paramount by Skydance Media approved by the FCC
Sopa Images via LightRocket via Getty Images (WASHINGTON) -- The Federal Communications Commission announced on Thursday the approval of a massive, $8 billion acquisition of Paramount Global by Skydance Media.The deal includes the CBS broadcast network, Paramount Pictures and Nickelodeon.Brendan Carr, the chairman of the Federal Communications Commission, said in a statement after the announcement that he welcomed "Skydance's commitment to make significant changes at the once storied CBS broadcast […]