US FCC clears $8bn Skydance-Paramount merger
Source: BBC
An $8bn (£5.9bn) merger between Paramount Global and Skydance Media has been approved by the US Federal Communications Commission (FCC).The merger between the independent film studio and one of Hollywood's oldest and most storied companies was first announced in 2024. The approval came just weeks after Paramount Global agreed to pay $16m (£13.5m) to settle a legal dispute with US President Donald Trump over an…
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