Paramount is currently attempting to complete a merger with Skydance.
Bill Owens, longtime executive producer of 60 Minutes, resigned recently, citing a loss of independence. The FCC is also demanding Paramount abstain from diversity initiatives.
The merger is currently in a 90-day extension, which will end on July 6th. Will the Paramount-Skydance merger be approved before July 13th?
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🤨Whats with arbitrary deadline?
@EricOosenbrug as per the description, it was not approved before market close date (July 13). not resolving it at that date would be dishonest
Paramount announced today that they're going to pay Trump $16 million to try to settle the 60 Minutes lawsuit and get him to approve this. https://www.theverge.com/news/696422/paramount-settlement-trump-cbs-lawsuit
