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Government Authorities Give Green Light to $8B Paramount-Skydance Merger Upon Termination of DEI Initiatives

Paramount Global and Skydance Media have received approval from the Federal Communications Commission to move forward with their merger.

Regulatory body grants $8 billion Paramount-Skydance fusion, thanks to their decision to...
Regulatory body grants $8 billion Paramount-Skydance fusion, thanks to their decision to discontinue Diversity, Equity, and Inclusion initiatives

Government Authorities Give Green Light to $8B Paramount-Skydance Merger Upon Termination of DEI Initiatives

The Federal Communications Commission (FCC) under the leadership of Chairman Brendan Carr, appointed by President Donald Trump, has taken an aggressive stance against diversity, equity, and inclusion (DEI) policies in media and entertainment companies.

This shift is evident in the FCC's recent approval of the $8 billion merger between Paramount Global and Skydance Media. The approval came with Skydance's written commitment to foster a diversity of viewpoints across the political and ideological spectrum, effectively signifying a departure from traditional DEI frameworks.

Chairman Carr stated that this approval was "another step forward in the FCC's efforts to eliminate invidious forms of DEI discrimination." This stance indicates the agency views existing DEI policies as discriminatory.

This pattern is consistent with the FCC's actions involving other major companies. T-Mobile and Verizon, for instance, dismantled their DEI programs in exchange for the FCC's approval of their respective mergers. T-Mobile explicitly stated it would end all DEI policies "not just in name, but in substance" to secure approval.

The FCC's stance on DEI efforts represents a significant departure from its historical role, which previously included promoting diversity and combating discrimination in communications. Now, the FCC is actively investigating and targeting DEI programs in private sector media and communications entities, viewing these initiatives as forms of invidious discrimination.

In the case of the Paramount-Skydance merger, the FCC's approval is conditioned on dismantling traditional DEI and promoting ideological viewpoint diversity instead.

CBS News, which will be a part of the merged company, has assured that its reporting will be fair, unbiased, and fact-based. Furthermore, Skydance has plans to hire a CBS News ombudsman to examine complaints of editorial bias for at least two years.

However, the FCC has not yet approved the merger between Paramount and Skydance. The FCC is also investigating other companies such as NPR, PBS, Disney, and ABC for their continued promotion of DEI initiatives.

The departure from traditional DEI policies by major companies such as T-Mobile and Verizon, under pressure from the FCC, and the ongoing investigations into other companies, demonstrate a clear and deliberate FCC policy shift away from supporting conventional DEI initiatives towards promoting a regulatory environment that demands their rollback or removal in media and entertainment companies.

| Aspect | FCC Stance / Action | |-------------------------------------|------------------------------------------------------------------------------------------------------------------------| | Paramount-Skydance Merger | Approved merger conditioned on dismantling traditional DEI, promoting ideological viewpoint diversity instead[2]. | | T-Mobile & Verizon Investigations | Pressured companies to eliminate DEI programs to gain merger approvals, which companies did[1][3]. | | FCC Leadership | Chairman Brendan Carr promotes elimination of DEI as part of a broader MAGA and Trump administration agenda[1][3]. | | Historical Context | FCC departs from decades-long tradition of supporting diversity and inclusion efforts in communications[1]. |

  1. The FCC, under the leadership of chairman Brendan Carr, has taken a stance against traditional diversity, equity, and inclusion (DEI) policies by approving mergers like that of Paramount Global and Skydance Media contingent upon the dismantling of these initiatives and the promotion of ideological viewpoint diversity.
  2. In the case of T-Mobile and Verizon, their DEI programs were eliminated to secure the FCC's approval of their respective mergers, thereby demonstrating the agency's pressure to reduce such efforts in the media and communications sectors.
  3. The FCC's departure from promoting diversity and combating discrimination in communications, as evidenced by its current actions and leadership, represents a significant shift away from its historical role and towards a regulatory environment that demands the rollback or removal of conventional DEI initiatives in media and entertainment companies.

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