The Federal Communications Commission cannot approve the merger of $ 8 billion between independent Skydance studio and Shari Redstone’s Global Global until the second half of the year has learned in money.
The commission gave an indication of longer hours than expected last week during a meeting with US Center officials, the Conservative Group that filed a complaint claiming that the leftist media company’s left subsidiary violated the agency’s “public interest” rules, according to people in the land.
The conclusion of the meeting, sources said, is that the FCC investigation can grind for months to determine which types of so -called legal remedies may be needed to win the blessing of the Agency before signing the agreement.
“The commission told us that they are not in any hurry to postpone this and will fully investigate our claims,” said Daniel Suhr, President of the Center for American Rights (CAR) for money.
Last month, FCC launched its investigation into the suspected rogue editing of the controversial Kamala Harris interview “60 minutes”-an investigation that could kill the paramount-scydance deal.
The agency officials have since reviewed the registrations made by Car and CBS News, and talking to people on both sides.
Money has also learned that the network has recently begun hiring lawyers abroad in preparation for a long legal slogan through the bureaucracy of the FCC agreement, another indicator that FCC edict could come later than quickly:
While it is unclear exactly where the FCC is relying on the issue, during last week’s meeting, agency officials discussed with possible means of cars that could lead to the approval of the agreement, people say at the meeting.
These legal remedies include the CBS obligation to move operations from the infamous progressive centers of Los Angeles and New York – a difficult question given that these are the country’s media centers. Another drug would be to require the media company to begin seeking political diversity by recruiting from conservative universities such as Hillsdale College.
If CBS agrees with them, FCC can illuminate the deal faster, the people who were present were told the money.
Reps for FCC, Paramount and Skydance did not accept the comment.
As reported earlier, FCC has set a late date of the match for public comments on the matter. Now, by stopping some solutions between the parties, it seems that Shari Redstone may have to cool her high heels for much longer before leaving her large salary from the sale of her once powerful media empire.
The FCC Snafu deal is something that neither Paramount nor Skydance saw after union talks out of profit that lasted months before the daughter of the legendary media Mogula Sumner Redstone finally agreed last year to sell the sputtering conglomerate created by her father.
Its decision came as the cutting and structural changes in business began to eat at the boundaries of profit-and a once large family asset. Redstone is scheduled to reach nearly $ 2 billion after the deal is consumed.
Skydance is run by David Ellison, whose company produced hits such as “Top Gun: Maverick”, and its plan is to restructure the programming and paramount operations, which include a film studio and brands such as CBS. And he has the money to make him work. His father is the founder of Oracle Larry Ellison, one of the richest men in the world.
Larry Ellison is also a close friend of President Trump, but this has not discouraged Donald’s FCC’s new chair, Brendan Carr, from delaying the transaction over concerns that CBS News’s left -wing prejudice violates FCC public interest rules. In addition to pushing any approval in the second half of 2025, Carr’s investigation will add significant legal costs to the agreement, according to people in government and Wall Street with first -hand knowledge of discussions. Carr, in money has learned, may also demand that CBS return to Dei’s policies, which some say they are illegal after a recent Scotus decision.
FCC, the main Big Media regulator, is one of the government entities loaded with green lighting unions. Among his considerations in the arrangement of air waves used by transmitters like CBS is that they follow the rules of public interest and refrain from news distortion. FCC supervision does not extend to cable transmitters.
Last year, Car filed two complaints to the FCC that aroused a widespread investigation into allegations that CBS News’ “60 minutes” edited an October 7 interview with Harris, then the candidate for Democratic presidential, to make it look better during the 2024 campaign.
CBS News has been set on fire by conservatives for years for supposedly left -wing prejudice in programming. Recently, it was hot when one of her anchors, Margaret Brennan of “Face the Nation”, moved with Secretary of State Marco Rubio for comments made by Vice President JD Vance at the Munich Security Conference. Vance criticized Germany’s current progressive government for censoring the free speech of the Conservatives and Brennan suggested that free speech was a cause of the Holocaust.
But CBS (and from the Skydance-Paramount extension) more problems with FCC stems from the “60 minutes” interview, where Harris seemed extremely coherent in answering policy questions.. She is famous for her word-salad answers. In fact, CBS previously broadcast a promotion of the Harris interview, where her answer to a question about the Middle East seemed significantly less coherent than what was finally broadcast.
President Trump, then GOP presidential candidate, has also filed a lawsuit, claiming that “60 minutes” tried to unfair Harris’s campaign. Trump demanded the release of a complete transcript on top of monetary damage.
At the beginning of February, and under pressure from FCC, Trump got half of what he wanted: CBS released the full, unprecedented transcript and Harris Sit-Down video with Bill Whitaker correspondent. CBS, which has deceived it deceptively editing the part, is said to be in the early phase negotiation to resolve $ 20 billion.
The public’s reaction to the transcript was mainly broken along the ideological lines, though there was little doubt that “60 minutes” really edited Harris’s answers, at least to fulfill the limitations of the time. Trump recently said the full transcript shows that CBS was playing dirty with selective editing and “deceived the public”, and that the news magazine “must be interrupted immediately”.
A source close to the FCC leader tells of the money Carr “has no hurry to approve this because he believes CBS is biased ruthless in its programming and it goes beyond the ’60 -minute interview.”
Carr did not return a comment request.
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