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CBS owner Paramount is currently waiting on its takeover by Skydance and there are only a handful of days left on FCC’s 180-day “shot clock” for the transaction, an informal timeline for the agency to review mergers. FCC chairman Brendan Carr referenced the timing during a press conference last week.
CEO of Paramount Global, is helping negotiate a settlement of the president’s lawsuit against CBS News, with the pending merger of Paramount and Skydance in the balance.
CBS unveiled its new programming lineup amid great uncertainty. The company is struggling to close its sale to David Ellison's Skydance Media.
That’s how CBS topper George Cheeks described the decision to say goodbye to the Grammy Awards ceremony, which has aired on the network for more than 50 years. In October, Disney snatched the rights to the annual music awards show in a 10-year pact.