What’s next for Paramount stock
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FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.
The pending merger between Paramount Global and Skydance Media was formally approved by the Trump administration on Thursday, concluding months of regulatory uncertainty.
When The Wall Street Journal — whose parent company is owned by Rupert Murdoch, a billionaire and powerful Trump ally — published a news story about Trump’s ties to disgraced financier and convicted sex offender Jeffrey Epstein last week, the president openly admitted that he had tried to get the story killed.
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Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.
The nasty battle between Trey Parker and Matt Stone and Paramount has seemingly come to an end, after a summer dedicated to a heated bidding war for the rights to “South Park”
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Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.
The FCC still hasn’t approved the Paramount-Skydance merger, which may be where Colbert joins the saga. The cheeky host roasts Trump regularly on his show and is far more political than David Letterman, whom he replaced in 2015. On July 14, Colbert called the Paramount payment to Trump involving "60 Minutes" a “ big, fat bribe ,” on CBS’s own air.
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Trump’s post comes days after CBS came under renewed scrutiny for cancelling Trump critic Stephen Colbert’s “The Late Show.”
Trump sues WSJ over Epstein letter and scores $16M CBS deal as Colbert’s show is canceled ahead of Paramount-Skydance merger with FCC ties.