Tag: broadcast licenses

Skydance Media, Paramount Global, and National Amusements are defending their $8 billion merger against FCC petitions alleging foreign influence, ideological bias, and anticompetitive practices. They argue the claims are baseless and legally unfounded, emphasizing that Tencent’s minority stake in Skydance…

FCC Commissioner Brendan Carr, Trump’s pick for FCC chair, pledged support for local TV stations over national networks, emphasizing their “public interest” obligations. He proposed revisiting ownership caps and redefining the public interest standard to encourage local journalism investment, while…

David Ellison, Skydance CEO, will hold full voting control over the Ellison family's interests in the upcoming Skydance-Paramount merger, with the deal expected to close in mid-2025. Ellison will lead "New Paramount," with a 77.5% stake held by Ellison-controlled Pinnacle…

Larry Ellison’s FCC filing outlines plans to revitalize CBS and its owned stations if his acquisition is approved. The merger, involving Ellison’s companies and RedBird Capital, aims to enhance CBS’s national news, live sports, and local station digital presence. Ellison,…