{"id":1947242,"date":"2025-08-07T18:15:19","date_gmt":"2025-08-07T18:15:19","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=1947242"},"modified":"2025-08-07T18:15:19","modified_gmt":"2025-08-07T18:15:19","slug":"paramount-and-skydance-close-their-8-billion-merger-kicking-off-reign-of-new-entertainment-giant","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/paramount-and-skydance-close-their-8-billion-merger-kicking-off-reign-of-new-entertainment-giant\/","title":{"rendered":"Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant"},"content":{"rendered":"<p><\/p>\n<div data-testid=\"article-body-item\">\n<div class=\"rt-Box w-full\">\n<p class=\"rt-Text\">Skydance pointed to the Supreme Court&#8217;s 2023 decision on affirmative action in college admissions, but such moves also arrive amid the Trump administration&#8217;s wider crackdown on DEI in the workplace \u2014 and the company cited recent federal mandates impacting employers, too, noting that Paramount announced &#8221;significant changes&#8221; to its recruiting and hiring practices in February 2025.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"article-body-item\">\n<div class=\"rt-Box w-full\">\n<p class=\"rt-Text\">The FCC approved the merger by a 2-1 vote on July 24. The regulator who opposed it, FCC Commissioner Anna Gomez, expressed disdain for how it all came together \u2014 pointing to &#8221;months of cowardly capitulation to this administration.&#8221;<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"article-body-item\">\n<div class=\"rt-Box w-full\">\n<p class=\"rt-Text\">&#8221;In an unprecedented move, this once-independent FCC used its vast power to pressure Paramount to broker a private legal settlement and further erode press freedom,&#8221; Gomez, who was appointed by President Joe Biden, said in a statement. She also said the agency overstepped its authority by &#8221;undermining legitimate efforts to combat discrimination and expand opportunity.&#8221;<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"article-body-item\">\n<div class=\"rt-Box w-full\">\n<p class=\"rt-Text\">Paramount&#8217;s new leaders will be watched particularly closely for how they deal with CBS News, given the $16 million settlement with Trump following his complaint about last fall&#8217;s &#8221;60 Minutes&#8221; interview with his Democratic opponent, then-Vice President Kamala Harris. And the merger could also have ripple effects across other Paramount properties, including its late night and comedy programming.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"article-body-item\">\n<div class=\"rt-Box w-full\">\n<p class=\"rt-Text\">When first announcing the deal in July 2024, Ellison also stressed the need to transition into a &#8221;tech hybrid&#8221; to stay competitive in today&#8217;s entertainment landscape. That included plans to &#8221;rebuild&#8221; the Paramount+ streaming service, among wider efforts to expand direct-to-consumer offerings in a world with more entertainment options and shorter attention spans.<\/p>\n<\/div>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.startribune.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skydance pointed to the Supreme Court&#8217;s 2023 decision on affirmative action in college admissions, but such moves also arrive amid the Trump administration&#8217;s wider crackdown on DEI in the workplace \u2014 and the company cited recent federal mandates impacting employers, too, noting that Paramount announced &#8221;significant changes&#8221; to its recruiting and hiring practices in February [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1947243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-1947242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/08\/Paramount-and-Skydance-close-their-8-billion-merger-kicking-off.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/1947242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=1947242"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/1947242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/1947243"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=1947242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=1947242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=1947242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}