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Euronews
Euronews
Doloresz Katanich

Approved: Paramount's $8 billion deal with Skydance can go ahead

Paramount Donald Trump CBS Larry Ellison Brendan Carr FCC Anna Gomez Kamala Harris CBS News

The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around President Donald Trump's legal battle with "60 Minutes," the crown jewel of Paramount-owned broadcast network CBS.

With the spectre of the Trump administration potentially blocking the hard-fought deal with Skydance, Paramount earlier this month agreed to pay a $16 million (€13.6m) settlement with the president.

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