Skydance Media offered olive branches to the Federal Communications Commission in order to secure approval for its $8 billion acquisition of Paramount Global, and those overtures achieved the desired result.

In the aftermath of the FCC's approval of the Skydance-Paramount merger, there has been consternation, angst and even anger over how it went down.

David Letterman blasted his former network home CBS and the 'goons' at Skydance as he speculated that Stephen Colbert's 'Late Show' was canceled for political reasons: 'Bottom feeders.'

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

The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with the FCC

Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.