FCC approves Skydance-Parmount merger, ending yearlong saga of regulatory uncertainty

The FCC has approved the merger between Paramount Global and Skydance Media after a year-long saga of uncertainty, bringing an end to regulatory uncertainty following a 2-1 vote by FCC commissioners. The formal approval was made by the Trump administration on Thursday. The pending merger had been subject to months of scrutiny and indecision. The deal is now officially cleared to move forward.