The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.

The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media

FCC chairman Brendan Carr praised Skydance Media's commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global.

FCC Chairman Brendan Carr said Thursday he was “pleased” with commitments from Skydance Media to reform CBS, as the agency nears a decision on the $8 billion Paramount merger. Skydance submitted a letter this week pledging to hire an ombudsman to address complaints of media bias and to present “a diversity of viewpoints” on CBS

The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.

Hours after announcing the approval of Skydance’s merger with Paramount, FCC Chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.

During his CNBC interview, Mr. Carr said that the Skydance deal, Mr. Trump’s lawsuit, and a news distortion complaint against CBS were unrelated. But, while the merger and the president’s lawsuit have been resolved, the news distortion investigation remains ongoing.

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.

Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.