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Yahoo
26 minutes ago
- Yahoo
David Ellison Met With FCC Chairman in Push to Finalize Approval for Paramount Deal
Skydance chief David Ellison met with FCC Chairman Brendan Carr earlier this week as the entertainment executive seeks to complete FCC approval for his company's acquisition of Paramount Global, The Hollywood Reporter has learned. Ellison met with Carr, his chief of staff Greg Watson, and Ben Arden, special counsel in the Office of the Bureau Chief of the Media Bureau, on Tuesday, July 15. More from The Hollywood Reporter 'Late Show' Shocker: CBS Ending Late-Night Franchise in 2026 Inside the $3 Billion 'South Park' Fight That May Blow Up Its Future 'South Park' Global Fans Furious as Show Pulled From Paramount+ Amid Licensing Dispute As part of that meeting, Ellison also 'discussed Skydance's commitment to unbiased journalism and its embrace of diverse viewpoints, principles that will ensure CBS's editorial decision-making reflects the varied ideological perspectives of American viewers,' according to an ex parte filing Skydance submitted to the FCC. The meeting comes as the FCC appears to be nearing a decision on the transfer of CBS broadcast licenses, as organizations like the Teamsters and Center for American Rights plead their case for what concessions the FCC should seek. Last week, representatives for the CBS Television Network Affiliates Association met with the FCC to push for guarantees related to local resources. The commitment to local also came up in the meeting. 'With respect to the Transaction's significant public interest benefits, we explained the Ellison family and RedBird represent fresh leadership with the vision and experience needed to drive New Paramount's long-term growth in the face of the challenges presented by today's media landscape, all while preserving and enhancing the legacy and broad reach of both the national CBS television network and the company's 28 owned-and-operated local television stations,' the filing said. As THR previously noted, the question of DEI also appears to have come up in the meeting, with the FCC requiring any company seeking to get a deal done to agree to end any support for such programs. The filing noted Skydance's 'commitment to promoting non-discrimination and equal employment opportunity at New Paramount, ensuring the company is fully compliant with law,' suggesting that it is prepared to follow that precedent, which has been agreed to by T-Mobile, Verizon, and other companies under FCC review. And Ellison addressed concerns that some companies had made about a stake that the Chinese company Tencent has in the company, noting that it is a non-voting, passive stake that will be equal to less than 5 percent of the company's equity post-deal. 'We made clear that Mr. Ellison will lead New Paramount with a talented team of executives focused on American storytelling, and that RedBird's investment in New Paramount will not involve any participation by any Chinese entity or individual,' the filing says. Paramount has been among the most-closely watched media companies in the world over the past few weeks, following the company's $16 million settlement with President Trump. A shock decision to cancel the Late Show with Stephen Colbert made this week has only propelled that chatter. Ellison's meeting with the FCC suggests that the company's future, one way or the other, will be decided soon, and that he is preparing to make changes if and when he and his partners at RedBird take control. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire Solve the daily Crossword
CNBC
an hour ago
- CNBC
Microsoft server hack has now hit 400 victims, researchers say
A sweeping cyber-espionage campaign organization centered on vulnerable versions of Microsoft's server software has now claimed about 400 victims, according to researchers at Netherlands-based Eye Security. The figure, which is derived from a count of digital artifacts discovered during scans of servers running vulnerable versions of Microsoft's SharePoint software, compares to 100 organizations cataloged over the weekend. Eye Security says the figure is likely an undercount. "There are many more, because not all attack vectors have left artifacts that we could scan for," said Vaisha Bernard, the chief hacker for Eye Security, which was among the first organizations to flag the breaches. The details of most of the victim organizations have not yet been fully disclosed, but on Wednesday a representative for the National Institutes of Health confirmed that one of the organization's servers had been compromised. "Additional servers were isolated as a precaution," he said. The news of the compromise was first reported by the Washington Post. The spy campaign kicked off after Microsoft failed to fully patch a security hole in its SharePoint server software, kicking off a scramble to fix the vulnerability when it was discovered. Microsoft and its tech rival, Google owner Alphabet, have both said Chinese hackers are among those taking advantage of the flaw. Beijing has denied the claim.
Yahoo
an hour ago
- Yahoo
Soybeans Holding onto Gains at Midday
Soybeans are holding higher at midday, with 1 to 2 ½ cent gains on Wednesday. The cmdtyView national average new crop Cash Bean price is up 2 1/2 cents at $9.78. Soymeal futures are back down 30 to 40 cents/ton. Soy Oil is back to higher trade at midday, with gains of 56 points. USDA's weekly Export Sales date is expected to show between 100,000 and 350,000 MT of old crop soybeans sold in the week ending on 7/17, with 250,000 to 500,000 MT seen for new crop. Soybean meal is expected to see between 250,000 and 550,000 MT, with 0 to 20,000 MT seen for new crop. More News from Barchart Coffee Prices Rise on Frost Threats in Brazil Frost Threats in Brazil Push Coffee Prices Sharply Higher Signs of Weak Chocolate Demand Undercut Cocoa Prices Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Japan and the US agreed to a trade deal that was announced late on Tuesday. Tariffs will be set at 15% starting August 1. The US and Indonesia also agreed to a deal, which would set US tariffs on Indonesian goods at 19% on most goods, with Indonesia eliminating most tariffs on US goods. Ahead of a meeting with Chinese counterparts, Treasury Secretary Bessent expects to see the tariff deadline of August 12 extended. Rain is expected to continue across much of the Corn Belt in the next week, with lighter totals seen in the Southern Plains. Aug 25 Soybeans are at $10.12, up 1 3/4 cents, Nearby Cash is at $9.75 1/2, up 1 3/4 cents, Sep 25 Soybeans are at $10.10 1/2, up 2 1/2 cents, Nov 25 Soybeans are at $10.28, up 2 1/2 cents, New Crop Cash is at $9.78, up 2 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
