Paramount, Skydance Media
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Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.
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As Skydance looks to close its $8 billion merger with Paramount, the David Ellison-led studio has sent new letters to the FCC committing to the appointment of an ombudsman and the elimination of the media giant's diversity,
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Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'
President Donald Trump said Paramount's soon-to-be new owners Skydance agreed to an additional $20 million payment on top of the company's $16 million settlement of CBS' "60 Minutes" lawsuit, to be paid in the form of public service announcements and other programming.
CBS News has been dogged for decades by allegations of liberal bias, with the controversies over its coverage decisions intensifying over the last year.
Liberal lawmakers asked David Ellison, chief executive of Skydance Media, which is set to merge with CBS owner Paramount, about alleged promises on conservative ad content.
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.