David Letterman blasts CBS and Skydance 'goons'
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FCC, Skydance and Paramount
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FCC chairman Brendan Carr praised Skydance Media's commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global.
Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
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The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
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Shares of Paramount are set to open higher Friday after long-awaited FCC approval for its merger erased a big question mark hovering over the company's future, but amid ongoing uncertainty about its strategic plans under Skydance Media.
FCC Chairman Brendan Carr said he was encouraged by Skydance commitments to reform CBS once a merger is complete.