Paramount merger on Monday during his monologue, mocking the news with pee jokes as the company will trade under the ticker, "PSKY."

FCC chairman Brendan Carr praised Skydance Media's commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global.

The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.

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.

Former CBS News anchor Connie Chung criticized Paramount Global's merger with Skydance Media for eliminating "unbiased" journalism at her old network.

Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.

Skydance Media has made additional promises to the FCC in an effort to get approval for its $8 billion merger with Paramount Global.

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