The agreement also includes a $1.5 billion investment into Paramount to bolster and fund operations…
By Jacob Burg
The Trump administration approved CBS parent company Paramount Global’s $8 billion merger with Skydance, Federal Communications Commission (FCC) Chairman Brendan Carr said on July 24.
The FCC chairman said the changes would “represent an important step towards earning back Americans’ trust” in the media conglomerate, and warned Paramount’s new owner that his agency “Will be watching.”
In an extended statement attached to his X post, Carr wrote that “Americans no longer trust the legacy national news media to report fully, accurately, and fairly…
READ FULL ARTICLE HERE… (theepochtimes.com)
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