FCC Approves Skydance Merger With Paramount -- WSJ

Dow Jones07-25

By Joe Flint

The Federal Communications Commission approved Skydance Entertainment's merger with Paramount Global on Thursday, clearing the way for the more than $8 billion deal to close and ending a multiyear saga with enough plot twists for a soap opera.

Skydance and Paramount, the parent of the CBS television network, are expected to close their merger in the next few weeks, people familiar with the matter said.

The merger will marry the smaller Skydance, a movie and television production company with the iconic Paramount Pictures movie studio and the CBS broadcast network, as well as well known cable channels including MTV, Nickelodeon and Comedy Central.

Write to Joe Flint at Joe.Flint@wsj.com

(END) Dow Jones Newswires

July 24, 2025 18:08 ET (22:08 GMT)

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