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Top Democrats are alarmed by the $8 billion merger between Skydance Media and Paramount Global, alleging political interference, improper payments and threats to press freedom.
The Federal Communications Commission (FCC) approved the high-stakes merger earlier this month that puts the new version of Paramount under the control of CEO David Ellison, the son of billionaire Oracle co-founder Larry Ellison. The approval came weeks after Paramount and CBS agreed to settle President Trump’s "election interference" lawsuit for $16 million upfront.
There is expected to be another eight-figure allocation set aside for advertisements, public service announcements or other similar transmissions, in support of conservative causes th