24-07-2025

Paramount Sale to Skydance Media Gets FCC Approval

Date: 24-07-2025
Sources: npr.org: 1 | nytimes.com: 2
Image for cluster 15
Image Prompt:

A logo of Paramount Global with a news ticker or TV screen in the background.

Summary

The FCC has approved the $8 billion sale of Paramount Global to Skydance Media after the buyer pledged to promote diverse viewpoints and address alleged bias in CBS news coverage. The sale comes amid controversy and lawsuits involving the Trump administration, and turmoil at CBS News, including a recent settlement with Donald Trump.

Key Points

  • Skydance Media promised to eliminate DEI programs at Paramount and create a new ombudsman to address complaints of ideological bias.
  • CBS News appointed Tanya Simon as the new executive producer of '60 Minutes', the first woman to hold the role.
  • Paramount's 'South Park', Stephen Colbert, and Jon Stewart criticized President Trump after the company settled a lawsuit with him.

Articles in this Cluster

Paramount sale gets a yes from Trump's FCC : NPR

The Federal Communications Commission (FCC) has approved the sale of Paramount Global to Skydance Media, valued at $8 billion, after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage. The sale was initially met with resistance due to concerns over CBS' news coverage, particularly under the Trump administration. To alleviate these concerns, Skydance CEO David Ellison promised to eliminate DEI programs at Paramount and create a new ombudsman to field complaints of ideological bias. The approval comes amid a backdrop of lawsuits and settlements between media companies and the Trump administration, raising concerns about the potential chilling effect on free speech.
Entities: Paramount Global, Skydance Media, Federal Communications Commission (FCC), CBS, David EllisonTone: neutralSentiment: negativeIntent: inform

CBS News Names Tanya Simon Executive Producer for ’60 Minutes’ - The New York Times

CBS News has appointed Tanya Simon as the new executive producer of '60 Minutes', succeeding Bill Owens who resigned in April due to clashes with management. Simon, who has been with the show for over two decades and served as interim executive producer since April, is the first woman to hold the role. The appointment comes amid turmoil at the network, including a recent $16 million settlement with Donald Trump over the editing of a '60 Minutes' interview with Kamala Harris.
Entities: Tanya Simon, CBS News, 60 Minutes, Bill Owens, ParamountTone: neutralSentiment: neutralIntent: inform

‘South Park’ and Other Paramount Shows Skewer Trump After Settlement - The New York Times

Paramount's 'South Park', Stephen Colbert, and Jon Stewart have criticized President Trump after the company settled a lawsuit with him and canceled 'The Late Show With Stephen Colbert'. The 'South Park' episode portrayed Trump negatively and referenced the lawsuit settlement, while Colbert and Stewart used their shows to attack Trump's actions and Paramount's decision-making.
Entities: South Park, Paramount, President Trump, Stephen Colbert, Jon StewartTone: negativeSentiment: negativeIntent: critique