4 days ago
Paramount gets green light for $8 billion merger. But what is the psychic cost for company?
With this week's FCC approval , the merger between Paramount Global and Skydance Media is expected to be completed in the coming weeks at a value of $8 billion. The question for the new company is whether the psychic cost is much higher.
It has been a particularly rough few months at Paramount-owned CBS, where the settlement of a lawsuit regarding '60 Minutes' and announced end of Stephen Colbert's late-night show has led critics to suggest corporate leaders were bowing to President Donald Trump.
