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David Ellison Met With FCC Chairman in Push to Finalize Approval for Paramount Deal
David Ellison Met With FCC Chairman in Push to Finalize Approval for Paramount Deal-August 2024
Aug 24, 2025 11:23 AM

Skydance chief David Ellison met with FCC Chairman Brendan Carr earlier this week as the entertainment executive seeks to complete FCC approval for his companys 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.

As part of that meeting, Ellison also discussed Skydances commitment to unbiased journalism and its embrace of diverse viewpoints, principles that will ensure CBSs 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 Transactions significant public interest benefits, we explained the Ellison family and RedBird represent fresh leadership with the vision and experience needed to drive New Paramounts long-term growth in the face of the challenges presented by todays media landscape, all while preserving and enhancing the legacy and broad reach of both the national CBS television network and the companys 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 Skydances 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 companys 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 RedBirds 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 companys $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.

Ellisons meeting with the FCC suggests that the companys 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.

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