A long-awaited merger between David Ellison’s Skydance Media and Paramount Global – the owner of Australian free-to-air station Network Ten – has been given the green light by the US media regulator, weeks after Paramount settled a lawsuit with Donald Trump.
The Federal Communications Commission on Friday backed the deal after the Trump administration extracted concessions on the news and entertainment company’s political coverage and diversity practices.
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Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.
