The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.

Recently, comedian Stephen Colbert—whose popular CBS Late Show will be cancelled next May despite being No. 1, in what many view as censorship due to his jokes about Trump—pointedly mocked the settlement the first chance he got, AP News reported.

As part of its agreement to allow an $8 billion merger between media conglomerates Skydance and Paramount, the Federal Communications Commission (FCC) has assigned a government monitor to CBS (which is owned by Paramount) to rein in perceived "bias" against President Donald Trump and his administration.

An $8 billion merger between Skydance Media and Paramount Global received regulatory approval Thursday from the Federal Communications Commission in a deal that has raised alarm about free speech and government intrusion into the media.

The FCC approved the $8.4 billion sale of Paramount to Skydance Media, as CBS prepares newsroom reforms, including eliminating DEI programs.

The FCC approved the transfer of CBS licenses to Skydance's ownership group, paving the way to the merger of Skydance and Paramount.

Brendan Carr says he's "pleased" with the David Ellison led-studio's commitment to appoint an ombudsman and end DEI at Paramount

With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.

Brendan Carr discussed media course correction following Colbert's show cancellation and criticizes partisan content, highlighting Skydance's CBS News plans.