Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks.

Trump unloads in late-night rants threatening to prosecute news networks, Beyonce, Oprah and Kamala Harris - The president, who is currently touring his golf resorts in the UK, baselessly alleged they

In the aftermath of the FCC's approval of the Skydance-Paramount merger, there has been consternation, angst and even anger over how it went down.

Paramount Global has settled its suit with President Trump, ending the president’s $20 billion election interference lawsuit over CBS News' handling of a "60 Minutes" interview last year.

The chair of the Federal Communications Commission said on Thursday he is pleased with commitments that Skydance has made to make serious changes at CBS under a proposed merger with Paramount, but said the agency has not made a decision on the tie-up.

MAGA-aligned commissioners on the Federal Communications Commission approved the $8 billion merger between Paramount and Skydance Media on Thursday, according to apress release. The deal includes the CBS broadcast television network,