The Federal Communications Commission (FCC) has officially approved the $8 billion merger between Paramount and Skydance Media after a prolonged review marked by political tensions and negotiations. Following the approval, Skydance has committed to creating a CBS News ombudsman and eliminating Diversity, Equity, and Inclusion initiatives at Paramount. The deal comes amid changes in leadership at Paramount, including the departure of co-CEOs Chris McCarthy and Brian Robbins. Despite some dissent within the FCC, the approval sets the stage for significant transformations within the merged company, including potential impacts on programming and corporate structure.