David Ellison’s $8B Paramount Takeover Inches Forward as Drama Surrounds Deal
UNITED STATES, JUL 7 – The extension allows more time for FCC approval and finalizing the merger deal as the current closing window extends through early October, sources said.
6 Articles
6 Articles
Paramount, Skydance Latest 90-Day Merger Extension Kicks Off Today
A second 90-day extension on Paramount Global’s proposed sale to David Ellison’s Skydance automatically triggered today as per the deal agreement, leaving the parties and the FCC more time to nail things down. Approval by the Commission led by Brendan Carr is required to transfer CBS broadcast licenses to Skydance. Any discussions will unfold against […]
Wheeler: Carr Uses FCC to 'Further Trump Maga Message'
Former FCC Chairman Tom Wheeler slammed current Chairman Brendan Carr's handling of the Skydance/Paramount deal in an op-ed piece published Saturday by The Guardian. Wheeler said he expects the FCC to cease "slow-walking" the deal after CBS agreed last week...
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