Trump administration approves sale of CBS parent company Paramount

Under Executive Chairwoman Shari Redstone, Paramount Global has taken steps to assuage concerns in the Trump administration over news coverage at CBS. On Thursday, the Federal Communications Commission approved the sale of Paramount to Skydance.

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.

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