Paramount and Skydance Urge No Conditions on Deal
Labor union-recommended conditions for the proposed $8 billion Skydance/Paramount Global deal (see 2410080033) have no basis in law or policy, the companies said Wednesday in docket 24-275. Instead, they urged that the FCC avoid putting conditions on the proposed acquisition. They said filings by One Ministries and Sean Kiggins, a self-described "rightful heir and soul trustee" of the Sumner Redstone media empire, didn't identify any transaction-specific harms from the deal.