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Skydance-Paramount Merger Agreement, Which Is Still Pending FCC Approval, Extended for 90 Days
Skydance Media's deal to merge with Paramount expired April 7 and was extended by 90 days as the parties await FCC approval.
Skydance Media ‘s $8 billion agreement to merge with Paramount Global expired April 7 as the parties await FCC approval. On July 7, 2024, after months of on-and-off negotiations, Paramount controlling shareholder Shari Redstone clinched a deal to merge the media conglomerate with Skydance. And last month, Carr claimed he will block M&A deals for media companies that promote diversity, equity and inclusion programs — as he helps execute Trump’s aggressive anti-DEI agenda.
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