By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Top Trump official in talks with Paramount over Skydance merger concessions
News

Top Trump official in talks with Paramount over Skydance merger concessions

News Room
Last updated: 2025/04/24 at 6:36 PM
By News Room
Share
4 Min Read
SHARE

Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business and the world

Donald Trump’s media regulator is in talks with Paramount about concessions the studio must make to win approval for its $8bn merger with Skydance, according to people familiar with the matter.

The negotiations between Brendan Carr, the US Federal Communications Commission chair, and Paramount come as the production company also faces a legal battle with Trump over its flagship news broadcaster CBS.

Trump’s lawyers and Paramount are set to enter arbitration on April 30 over a $20bn lawsuit waged by the US president against CBS, said people close to the situation. 

The two negotiations reflect the unusual way corporate America has been forced to capitulate to Trump’s White House, or risk retribution in the form of blocked deals and lawsuits. 

Paramount owns the eponymous film studio as well as CBS News. Trump sued CBS for defamation, claiming $20bn in damages for what he alleges was deceptive editing of an interview with Kamala Harris, his opponent in last year’s White House race. 

Paramount’s moves to settle the lawsuit with Trump have infuriated the CBS newsroom in recent weeks, culminating in the resignation of the 60 Minutes executive producer on Tuesday. 

Explaining his exit, producer Bill Owens told staff: “Over the past months, it has become clear that I would not be allowed to run the show as I have always run it. To make independent decisions based on what was right for 60 Minutes”. 

CBS and its lawyers have said Trump’s lawsuit is meritless. However, Paramount has been considering paying a settlement to Trump as part of an effort to receive approval for its merger with Skydance, according to people familiar with the matter. Paramount and Skydance announced the deal last summer.

Carr, who Trump installed to lead the US media regulator, has hit out at the Paramount-Skydance deal and delayed it for months. Carr last month said ending diversity, equity and inclusion programmes was a precursor for companies looking to get deals done. 

“Any businesses that are looking for FCC approval, I would encourage them to get busy ending any sort of their invidious forms of DEI discrimination”, Carr told Bloomberg. 

Paramount is speaking with Carr about a range of options, including making a commitment to avoid any DEI policies going forward, said people familiar with the matter. 

The Wall Street Journal first reported on the FCC’s talks with Paramount.

Carr has hit out at other media groups such as Disney and Comcast in recent months, warning that the FCC would investigate their diversity initiatives.

Trump last year sued ABC News after anchor George Stephanopoulos falsely said on-air that Trump had been found “liable for rape”. Disney, which owns ABC, in December paid $15mn to Trump’s presidential library to settle the defamation lawsuit.

Read the full article here

News Room April 24, 2025 April 24, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Saudi Arabia and US agree $600bn of AI and defence deals

The US and Saudi Arabia announced agreements the White House said were…

UnitedHealth chief Andrew Witty steps down after share plunge

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

US inflation falls to 2.3% in April

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Donald Trump’s gargantuan self-dealing

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Foreigners snap up $57bn in Japan assets in ‘liberation day’ rush

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

- Advertisement -
Ad imageAd image

You Might Also Like

News

Saudi Arabia and US agree $600bn of AI and defence deals

By News Room
News

UnitedHealth chief Andrew Witty steps down after share plunge

By News Room
News

US inflation falls to 2.3% in April

By News Room
News

Donald Trump’s gargantuan self-dealing

By News Room
News

Foreigners snap up $57bn in Japan assets in ‘liberation day’ rush

By News Room
News

EU readies capital controls and tariffs to safeguard Russia sanctions

By News Room
News

Donald Trump leans left in bid to revive flagging poll numbers

By News Room
News

Trump’s patience with Netanyahu is running out

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?