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International Business Times
International Business Times
Business

US Regulators Let Skydance Acquire Paramount Global

US regulators approval of the deal for Skydance to buy Paramount Global comes after Paramount subsidiary CBS network announced an end date for The Late Show With Stephen Colbert, who has mocked US President Donald Trump (Credit: AFP)

US regulators on Thursday approved an $8 billion deal for Skydance to acquire Paramount Global after receiving assurances the merged company will follow Trump administration guidelines against programs promoting diversity, equity and inclusion.

The clearance came with "written commitments" by Skydance to ensure the new company's news and entertainment programming "will embody a diversity of viewpoints across the political and ideological spectrum," according to Federal Communications Commission chairman Brendan Carr.

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