Paramount's $8 Billion Skydance Merger Approved by FCC

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Source: Deadline
TL;DR Summary

Paramount Co-CEO Chris McCarthy is set to leave the company after the completion of its acquisition by Skydance, which has received FCC approval. McCarthy, a 22-year veteran, will depart following the merger, with leadership changes expected. He played a key role in Paramount's recent strategic initiatives, including streaming growth and major talent deals.

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