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Under Terms Of Paramount-Skydance Merger Agreement, 90-Day Extension Automatically Kicks In With FCC Review Still In Low Gear
Paramount Global and Skydance Media are automatically beginning a 90-day extension provided for under the terms of their merger agreement.
The SEC and the European Commission are among the regulatory bodies that have already given their approval to the $8 billion deal, which was proposed last July after a months-long process involving multiple suitors for Paramount. Deadline reported last week that the deal appears less and less likely to meet that target, leaving staffers and the company’s business partners in an uncertain place. While the FCC ‘s sign-off was widely seen as a formality as 2025 began, the intensity of President Donald Trump’s resentment of the media (among many institutions) has upended all expectations in Washington and the corporate world.
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