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The FCC approves Paramount's $8B deal with Skydance after months of chaos and political intrigue

This authoritative-secondary source from Associated Press supports 2 claims across 2 ledger entries.

Publisher
Associated Press
Published
2025-07-24
Accessed
2026-09-03
Source quality
authoritative-secondary

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Claims supported by this source

  1. factreported

    The Associated Press reported that the FCC approval followed Paramount's settlement of Trump's CBS lawsuit earlier in July and CBS's announcement that 'The Late Show with Stephen Colbert' would end; Paramount said the program cancellation was a financial decision.

    Approval chronology, lawsuit settlement, Colbert cancellation, and Paramount response

    FCC granted the Paramount broadcast-license control transfers · Transfer applications granted; transaction later closed · reviewed 2026-09-03

  2. factreported

    The Associated Press described Oracle co-founder Larry Ellison as a friend of Donald Trump; Axios later described Ellison as a longtime Trump ally, and TechCrunch identified his known Trump ties while reporting the U.S. TikTok ownership structure.

    Larry Ellison relationship and Paramount-Skydance approval context

    Independent reports identified Larry Ellison as Trump's friend and ally · Relationship described as ongoing through January 2026 reporting · reviewed 2026-09-03