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CBS Boss George Cheeks Admits It’s A “Challenging” Time In TV & For Paramount, But That Didn’t Impact Its Schedule
Cheeks noted that the political turmoil and merger issues had no impact on the schedule.
CBS President and CEO George Cheeks said it was an “unprecedented, challenging time for the industry and for our company in particular”. CBS owner Paramount is currently waiting on its takeover by Skydance and there are only a handful of days left on FCC’s 180-day “shot clock” for the transaction, an informal timeline for the agency to review mergers. Carr insisted that the regulatory review, which is crucial when transfer of broadcast licenses is involved — like is the case with Paramount as owner of CBS — is not connected to other ongoing Paramount-related matters, including a potential settlement in President Trump’s $20 billion lawsuit against CBS over its 60 Minutes Kamala Harris interview.
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