With this week FCC approvalIntegration between Paramount Global Skydance Media is expected to be completed in the coming weeks with a value of $ 8 billion. The question for the new company is whether the psychological cost is much higher.
It was a few harsh months in the CBS, owned by Paramount, where Law of the lawsuit Regarding “60 minutes” and The end of Stephen Colbert’s offer was announced late at night Critics pushed to propose corporate leaders to be composed to President Donald Trump.
In the wake of the approval of the Federal Communications Committee on Thursday, Chris McCarthy, one of the current Paramont leaders, said he would leave the company. McCarthy was responsible for the characteristics of faded cables such as MTV, Comedy Center and Nickelodeon, it is expected to bear the weight of an estimated $ 2 billion of the costs set by the jump leaders.
It is expected that the President of Skydance David Ellison will head the new company, and it has set the previous NBC worldwide CEO Jeff coincidence As a possibility.
The CBS News path will be checked
After the closing date on August 7, new leaders will be closely monitored for how they deal with CBS News, especially given $ 16 million in Trump’s complaint leveling that the “60 minutes” interview last fall was edited to make the opponent Kamala Harris look good. Two of the news executives news – CEO News Windy McMahon And “60 minutes”, the executive product Bill Owens They resigned because of their opposition to the deal.
The respected interior was seen, Tania Simon, to replace Owenz this week as a positive sign by people in “60 minutes”.
Days before the Federal Communications Committee (FCC) voted, Paramount approved the employment of the Grievance Secretary at CBS News on the task of investigating the complaints of political bias. “In all respects, Skydance will ensure that CBS reports are fair, unbiased and factory,” Skydance said in a letter to the Chairman of the Federal Communications Committee, Brendan Car.
Often the role of grievances, or the public editor, who examines the work of the news outlet positively – if they are independent, he said Kelly McBraideEthics expert who had this role in NPR for five years. She said, “You really want the person to have loyalty only to his rule and the organization’s journalistic mission.”
However, there may be the only task to examine the bias is a problem. In order to be fair, the journalist’s work must be studied closely before taking this design, not judging on the basis of a single report or passage.
In an interview with CNBC on Friday, Carr said that the role “must have a long way to restore America’s confidence in the media.” Anna Gomez, the Federal Communications Commissioner (FCC), who voted to reject the deal on Thursday, explained the ranking as a means of the government to control journalists.
“They want the media to report them in a positive light or in the light they want,” Gomez told MSNBC. “Therefore, they do not want the media to do their work, which is to maintain the government without fear or good.”
How can merge the integration through Paramont properties
According to the published reports, Elison has Explore the purchase of free pressA prosperous news site founded by Barry Weiss, maybe famous for studying the previous NPR editor for the liberal bias in the general broadcast. Ellison spokeswoman has not received a message seeking a comment on Friday.
CBS described that the slow shooting of Colbert-will work until the end of its contract next May-as it is a financial decision that gives the collapsed economy to TV late at night. Colbelt, who is not calm from Trump, and criticized for the settlement of “60 minutes”, led to suspicion of these motives.
“Was this really financial?” Al -Hazali John Stewart asked. “Or maybe it was the least resistant way to integrate you of $ 8 billion killing an offer you know with a fragile and revenge president?”
Stuart’s criticism of his heat -owned display may provide its own Skydance test. The “The Daily Show” is one of the few original programs on the Comedy Center, and its contract expires later this year.
In a strange way, “South Park” from the Central Comedy claims that Colbert’s decision was financial, not political. Creators see Parker and Matt Stone I handed over an episode This week, which depicts Trump naked in bed with Satan. Paramount just fell Parker and the stone on a new deal worth $ 1.5 billion. Skydance executives definitely have erased; It makes the entire “South Park” library available to broadcast on Paramount+. A platform is almost not done by a Colbert’s width.
Discovering what to do with others in Paramount networks, or even networks as a whole will be an early decision for Ellison, son of millionaires, Oracle Participant founder Larry Ellison.
“There is a clear opportunity to improve the PARAMOUNT growth file by allowing these assets to go,” analyst Doug Curitz of TD Securities told investors on Friday. “On the other hand, we doubt that Elisons did not buy Paramount to dismantle the parts.”
The merger also combines with Paramount Movie Studio with one of its most regular partners. David Ellison has been one of the major investors and producers in this field since the establishment of Skydance in 2006.
Ellison also faces a challenge here as well: years of uncertainty about its future and modest investment in the film pipeline, the market share of Paramount has shrunk to continue between the main studios. Paramount+ Preming was an amount of money.
To revive Paramount, Elison will look to renew broadcasts, benefit from their privileges and try to enhance family content.
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Ap Jake Coyle’s writer contributed to this report. David Boder writes about the AP media and entertainment intersection.
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