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FCC approves $8 billion Paramount-Skydance merger

The Federal Communications Commission (FCC) approved Paramount Global's $8 billion merger with Skydance Media, despite dissent. The deal includes CBS, Paramount Pictures, and Nickelodeon. FCC Chairman Brendan Carr cited Skydance's commitment to diverse viewpoints, while Commissioner Anna Gomez opposed the merger, citing Paramount's $16 million settlement with Donald Trump and the cancellation of "The Late Show with Stephen Colbert." The timing of the cancellation and the merger's approval have raised concerns about political influence and potential censorship.

Prepared by Christopher Adams and reviewed by editorial team.

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