The merger between Paramount and Skydance has officially been finalized. The two organizations are now one company. What the future holds is far from clear. There are numerous questions, particularly surrounding CBS as a news organization and whether we might see significant changes to the way news is handled under the new regime. One person with a lot of money riding on the situation recently said no.
CBS made some interesting moves in the months before the merger was finalized, including settling a lawsuit brought by President Trump against 60 Minutes and announcing the cancellation of The Late Show with Stephen Colbert. Some analysts suggested the moves were made to help smooth the path toward federal approval of the merger by currying favor with the White House, and thus wonder if CBS News may be compromised going forward.
