Skydance responds to Dems’ bribery claims and denies Colbert cancellation role
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Skydance denied involvement in the cancellation Stephen ColbertThe late-night CBS show said it complied with anti-bridal laws in response to Senate Democrats, who had suggested there was fraud ahead of the acquisition of Paramount Global.
“Through its history and reviewing Paramount’s proposed acquisition, Skydance is fully compliant with all applicable laws, including our country’s anti-bridal laws,” Skydance’s legal counsel Stephanie Kyoko McKinnon wrote to Sen. Elizabeth Warren. First reported by deadline.
McKinnon’s letter also said Skydance was “not involved” in cancelling “Late Show with Stephen Colbert.” The announcement, made on July 17, reportedly Colbert was in work before he told parent company Paramount that week that he had settled the president. Donald TrumpElection interference lawsuit against CBS News and “60 minutes.”
FCC approves Trump settlement, Paramount Ski Dance merger after Colbert cancellation
Skydance rejected a charge of bribery levelled by Senate Democrats prior to its merger with Paramount Global. (Iwamura/Bloomberg via Getty Images)
McKinnon noted that Paramount provided Skydance with notifications about Colbert’s show ax. Colbert’s show will air until May, after the company made an independent decision on the issue.
According to the deadline, McKinnon also said Skydance was “not a party to the lawsuit or a party to the settlement of the Paramount case.” She added that Paramount requested and received Skydance’s consent, including one of the terms of the settlement, to prepare a public transcript of interviews with future White House candidates.
The liberal senator previously warned that “it is illegal to fraudulently impose something valuable to federal employees to influence official law, and if Paramount settles the lawsuit in a QUID-PRO-QUO arrangement to influence the administration’s assessment of the Paramount ski dance trade, company officials could break the law.”
Paramount was accused of paying, as Colbert said.Big and fatty meals“The Trump administration was in the form of a $16 million settlement in the lawsuit before the FCC approved the merger with SkyDance. Fox News Digital previously reported that another eight-digit sum would be allocated to the announcement of conservative causes and public services funded by the new ownership.
“The Late Show” host Stephen Colbert accused CBS parent company Paramount Global of paying President Trump “a big fat bribe.” (Scott Kowalchyk/CBS via Getty Images)
Last week, FCC chairman Brendan Kerr announced that it was giving a go-ahead to the Paramount Skidance merger, citing multiple commitments Skydance said it would do.
“Americans no longer trust legacy national news media to report completely, accurately and fairly. It’s a time of change, and therefore we welcome Skydance’s commitment to making important changes in the once-existing CBS broadcasting network,” Kerr said in a statement. “In particular, Skydance has made a written commitment to ensure that the programming of the new company embodies diverse perspectives across the political and ideological spectrum. Skydance will also adopt measures that can eradicate biases that undermine trust in the national news media.”
“These commitments, when implemented, allow CBS to operate in the public interest and focus on fair, fair and factual coverage. In doing so, the process of gaining American trust begins. Today’s decision shows another step in the FCC’s efforts to eliminate the mysterious forms of discrimination, the American people,” Carr continued.
The Paramount Ski Dance trade is scheduled to close on August 7th.
The newly formed Paramount Skydance Corporation will be led by CEO David Ellison, son of billionaire Oracle co-founder Larry Ellison, and former NBCUniversal CEO Jeff Shell. Shari Redstone, the controlling shareholder of Paramount, who controlled more than three-quarters of Paramount’s Class A voting shares, is leaving the company.
Before the merger became official, Paramount and CBS agreed to settle Trump’s “election intervention” lawsuit last month.
Paramount’s controlling shareholder Shari Redstone wanted to settle Trump’s lawsuit against CBS to prevent retaliation ahead of the Skydance merger. (Left: (Photo: Paul Morigi/Getty Images), Right: Al Drago/Bloomberg Via Getty Images)
Redstone, who rejected herself from a debate related to Trump’s lawsuit in February, wasn’t excited to be tied up in a lawsuit with the sitting president. It is widely believed that she wanted to settle in the hopes of preventing potential retaliation by Trump’s FCC, which had the authority to stop the merger with Skydance.
Meanwhile, Paramount had a further backlash among liberals last week. Cancellation has been announced “Late Show with Stephen Colbert.” CBS argued it was a purely financial decision, but many critics, including top Democrats, denounced the network of politically motivated ahead of the Skydance merger.
However, Colbert’s show is reported Lose $40 million a year Each season, they ran on a budget of a whopping $100 million.
Still, Paramount was on the receiving end of intense criticism of recent moves, including its own programs such as the “Daily Show” and “South Park,” hosted by John Stewart.
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