Representative Greg Stopy, R-FLA, is discussing the cancellation of the late offer with Stephen Colbert and Democrats who blame politics in the liberation of the evening.
Skydance Media and Paramount Global have announced the completion of its planned integration for a long time of $ 8 billion on Thursday as Federal Communications Committee (FCC) continues to investigate CBS news.
The new company is called “Paramount, A Skydance Corporation”, the mother company of a variety of media and entertainment assets, including CBS, Comedy Central, MTV, Paramount Plus and creative films studio.
Last month, the Federal Communications Committee agreed to integrate the high risk that places the new version of Paramount under the control of CEO David Ellison, the son of the co -founder billionaire Larry Ellson.
Paramount, a Skydance Corporation, CEO David Ellison. (ARTURO HOLMES/WIREMAGE)
Elson is now overseeing CBS, and despite the approval of Megadeal, the head of the Federal Communications Committee (FCC), Brendan Carr did not close the measures he previously opened against the network due to “distortion of the news” in broadcasting a “60 -minute” interview with the president of Kamala Harris at the time. Any repercussions will now land on Ellison and the leadership of the new company.
Paramount Class B shares started trading on Thursday in the stock market on the Nasdaq Stock Exchange under the new Ticker “Psky”.
“Today it coincides with an exciting and pivotal moment while we are preparing to bring Paramount’s heritage as the Hollywood Foundation in the future of entertainment. My vision is to honor the novel of exceptional stories while updating how we are connected to the content to support the best creative talents in the world, enhance experiences of assembly around the world, and create a sustainable value for our shareholders,”
“It is an honor and privilege to help lead this iconic brand to the next chapter,” continued. “My experience in Skydance and across all levels of production showed what is necessary to bring great stories to life – and how strong it is when the visual creators are supported by a strong and clear important leadership.”
The Paramount Pictures logo is shown in front of Paramount Studios with a visual Hollywood brand after January 31, 2024 in Los Angeles, California. (Photo by Mario Tama / Getty Emoxz / Getty Pictures)
Elison said that the company “will remain based on creative excellence, adopt advanced innovation, and continue to provide recreational experiences, news and sports that communicate with the masses around the world.”
Paramount and CBS approved the settlement of President Trump’s “election intervention” suit last month for an amount expected to be a northern $ 30 million, including $ 16 million offering to Trump’s presidential library. The lawsuit, which was on the same interview “60 minutes” that angered the Federal Communications Committee (FCC), accused CBS with the help of Harris through deceptive liberation before the presidential elections.
Industry people believe that Ellison, who was seen sitting with Trump at the UFC event in April, will aim to eliminate the liberal mortar imagined in CBS News. He adhered to install a file Grievance Secretary at CBS News The elimination of diversity, fair and inclusive initiatives (Dei) at Paramount, which is Skydance.
“I write to confirm the elimination of the qualitative initiatives, fairness and integration (DEI) that were present in Paramount and confirm our obligations to move forward,” wrote Skydance General Adviser Stephanie Kyoko McKinnon last month in a letter to Car.
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Skydance Media and Paramount Global have announced the completion of its long -standing integration process, which is worth $ 8 billion on Thursday. (Clarification of photos by Rafael Henrique/SOPA Images/Lightrockket via Getty Images)/Getty Images)
“Skydance, for its part, does not have Dei programs in place today and will not create such initiatives,” McKinnon continued. “The company is obligated to guarantee the story of stories reflects many fans and societies that serve it in a way that corresponds to the requirements of non -discrimination and other applicable laws.”
Skydance CEO has noticed the Trump administration’s efforts to eliminate Dei and detailing initiatives that Paramount “DEI programs have been canceled or modified throughout the company to ensure that it is compatible with the company’s commitment to equal opportunities and the law of government” before summarizing the changes.
The company said that the closure of the transaction “places Paramount in the formulation of a new path forward in the entertainment industry, as it combines the broad creativity library with the global distribution network with Skydance production experience and the leading technology capabilities in the industry.”
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Joseph A. Wolxon from Fox News Digital in this report.
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