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Paramount Will Be A “Melting Ice Cube” If Trump Dooms Skydance Deal, Ex-FCC Commissioner Rob McDowell Says – But Even A 2-Member Agency Could Still Approve It
Paramount Global will be "a melting ice cube" if its pending Skydance merger doesn't close, former FCC commissioner Rob McDowell cautioned Thursday.
Paramount Global will be “a melting ice cube” if its pending $8 billion merger with Skydance Media doesn’t close, former FCC commissioner Rob McDowell cautioned Thursday. Asked about the state of the FCC’s review of the deal during an appearance at Gabelli Funds’ 17 th Annual Media & Sports Symposium in New York, McDowell said even a depleted commission could still approve the transaction. FCC Chairman Brendan Carr, a Trump appointee and booster, has said the commission’s review of the deal – the last remaining hurdle for a years-long quest to sell by Shari Redstone – has not even begun in earnest.
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