The transfer of control from Shari Redstone to a consortium led by David Ellison has been thirteen months in the making.

The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.

Shares of Paramount ticked lower on Friday following news that the FCC has cleared the way for the closing of the media giant ...

The FCC has granted approvals necessary to clear the way for the $8 billion merger of Paramount Global and David Ellison’s ...

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, ...

The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a ...

The controversial mega-merger between Paramount Global and Skydance Media has cleared the last major approval ... Read More ...

The $8 billion deal's green light comes after CBS reached a $16 million settlement with Donald Trump over his lawsuit against ...

The Larry Ellison family and RedBird Capital Partners are expected to take control of Paramount in the coming days. David ...

The merger clears the way for an $8.4 billion sale of some of the most prominent names in entertainment, including CBS, ...

Thanks to the Paramount conglomerate and its greed-fueled boss, Shari Redstone, the “Late Show with Stephen Colbert” will vanish next year. After the Trump administration responds by approving the ...