NEW YORK (AP) — Federal regulators on Thursday approved Paramount's $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.
The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around President Donald Trump’s legal battle with “60 Minutes,” the crown jewel of Paramount-owned broadcast network CBS. With the specter of the Trump administration potentially blocking the hard-fought deal with Skydance, Paramount earlier this month agreed to pay a $16 million settlement with the president.
Critics of the settlement lambasted it as a veiled bribe to appease Trump, amid rising alarm over editorial independence overall. Further outrage also emerged after CBS said it was canceling Stephen Colbert’s “Late Show” just days after the comedian sharply criticized the parent company’s settlement on air. Paramount cited financial reasons, but big names both within and outside the company have questioned those motives.
In a statement accompanying the deal's approval, FCC Chairman Brendan Carr hailed the merger as an opportunity to bring more balance to “once-storied” CBS.
“Americans no longer trust the legacy national news media to report fully, accurately, and fairly. It is time for a change," Carr said.
While seeking approval, Skydance management assured regulators that it will carefully watch for any perceived biased at CBS News and hire an ombudsman to review any complaints about fairness. In a Tuesday filing, the company’s general counsel maintained that New Paramount will embody “a diversity of viewpoints across the political and ideological spectrum” — and also noted that it plans to take a “comprehensive review” of CBS to make “any necessary changes.”
The FCC approved the merger by a 2-1 vote, and the regulator who opposed it expressed disdain for how it all came together.
“After months of cowardly capitulation to this administration, Paramount finally got what it wanted," FCC Commissioner Anna Gomez said in a statement. “Unfortunately, it is the American public who will ultimately pay the price for its actions.” Gomez was appointed by former President Joe Biden.
Paramount and Skydance have said they wanted to seal the deal by this September, and now appear to be on a path to make it happen by then, if not sooner.
Over the past year the merger has periodically looked like it might fall apart as the two sides haggled over terms. But the two companies finally struck an accord that valued the combined company at $28 billion, with a consortium led by the family of Skydance founder David Ellison and RedBird Capital agreeing to invest $8 billion.
Signaling a shakeup would accompany the changing of the guard, Ellison stressed the need to transition into a “tech hybrid” to stay competitive in today’s entertainment landscape. That includes plans to “rebuild” the Paramount+ streaming service, among wider efforts to expand direct-to-consumer offerings in a world with more entertainment options and shorter attention spans.
Ellison, who is poised to become CEO of the restructured Paramount, is the son of Larry Ellison, technology titan and co-founder of Oracle. Besides possessing an estimated $288 billion fortune, Larry Ellison has been described as a friend by Trump.
While Paramount sweated out regulatory approval of the merger, one of TV's best-known and longest-running programs turned into a political hot potato when Trump sued CBS over the handling of a “60 Minutes” interview with his Democratic Party opponent in last year's presidential election, Kamala Harris. Trump accused “60 Minutes” of editing the interview in a deceptive way designed to help Harris win the election. After initially demanding $10 billion in damages, Trump upped the ante to $20 billion while asserting he had suffered “mental anguish.”
The case quickly became a closely-watched test of whether a corporation would back its journalists and stand up to Trump. Editing for brevity’s sake is commonplace in TV journalism and CBS argued Trump’s claims had no merit. But reports of company executives exploring a potential settlement with Trump later piled up, particularly after Carr — appointed to lead the FCC by Trump — launched an investigation earlier this year.
By the start of July, Paramount agreed to pay Trump $16 million. The company said the money would go to Trump’s future presidential library and to pay his legal fees, but maintained that it was not apologizing or expressing regret for the story.
The settlement triggered an outcry among critics who pilloried Paramount for backing down from the legal fight to increase the chances of closing the Skydance deal. U.S. Sen. Elizabeth Warren, D-Mass, said that the deal “could be bribery in plain sight” — and called for an investigation and new rules to restrict donations to presidential libraries.
Concerns about editorial independence at CBS had piled up even in the months before the deal was announced — with Paramount overseeing “60 Minutes” stories in new ways, as well as journalists at the network expressing frustrations about the changes on an award-winning program that has been a weekly staple for nearly 57 years
In April, then-executive producer of “60 Minutes” Bill Owens resigned — noting that it had “become clear that I would not be allowed to run the show as I have always run it.” Another domino fell in May when CBS News CEO Wendy McMahon also stepped down, citing disagreements with the company “on the path forward,” amid speculation of Paramount nearing a settlement with Trump. CBS has since appointed Tanya Simon as the top producer at “60 Minutes” — elevating a respected insider in a move that could be viewed as a way to calm nerves leading up to the changes that Skydance's Ellison is expected to make.
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Liedtke reported from San Francisco.
FILE - Brendan Carr listens during a Senate Commerce, Science, and Transportation committee hearing to examine the Federal Communications Commission on Capitol Hill in Washington, June 24, 2020. (Jonathan Newton/The Washington Post via AP, File)
MINNEAPOLIS (AP) — A federal officer shot a person in the leg in Minneapolis after being attacked with a shovel and broom handle while trying to make an arrest Wednesday, federal officials said.
The shooting took place about 4.5 miles (7.2 kilometers) north of where an immigration agent fatally shot Renee Good on Jan. 7.
The Department of Homeland Security said in a statement on the social media platform X that federal law enforcement officers stopped a person from Venezuela who was in the U.S. illegally. The person drove away and crashed into a parked car before taking off on foot, DHS said.
After officers reached the person, two other people arrived from a nearby apartment and all three started attacking the officer, according to DHS.
“Fearing for his life and safety as he was being ambushed by three individuals, the officer fired a defensive shot to defend his life,” DHS said.
The two people who came out of the apartment are in custody, it said.
A large group of officers wearing gas masks fired tear gas into a crowd gathered at a north Minneapolis intersection near where Wednesday's shooting took place.
Earlier Wednesday, a judge gave the Trump administration time to respond to a request to suspend its immigration crackdown in Minnesota, while the Pentagon looked for military lawyers to join what has become a chaotic law enforcement effort in the state.
Plumes of tear gas, bursts of chemical irritants and the screech of protest whistles have become common on the streets of Minneapolis, especially since Good's shooting.
Agents have yanked people from cars and homes and been confronted by angry bystanders who are demanding that officers pack up and leave.
“What we need most of all right now is a pause. The temperature needs to be lowered," state Assistant Attorney General Brian Carter said during the first hearing in a lawsuit filed by Minnesota and the cities of Minneapolis and St. Paul.
Local leaders say the government is violating free speech and other constitutional rights with the surge of law enforcement. U.S. District Judge Katherine Menendez promised to keep the case “on the front burner” and gave the U.S. Justice Department until Monday to file a response to a request for a restraining order.
The judge said these are "grave and important matters,” and that there are few legal precedents to apply to some of the key points in the case.
Justice Department attorney Andrew Warden suggested the approach set by Menendez was appropriate.
The judge is also handling a separate lawsuit challenging the tactics used by Immigration and Customs Enforcement and other federal officers when they encounter protesters and observers. A decision could be released this week.
During a televised speech Wednesday evening, Gov. Tim Walz described Minnesota as being in chaos, saying what's happening in the state “defies belief.”
“Let’s be very, very clear, this long ago stopped being a matter of immigration enforcement," he said. "Instead, it’s a campaign of organized brutality against the people of Minnesota by our own federal government.”
Walz added that “accountability” will be coming through the courts.
The Department of Homeland Security says it has made more than 2,000 arrests in the state since early December and is vowing to not back down. The Pentagon is preparing to send military lawyers to Minneapolis to assist.
CNN, citing an email circulating in the military, says Defense Secretary Pete Hegseth is asking the branches to identify 40 lawyers known as judge advocate general officers or JAGs, and 25 of them will serve as special assistant U.S. attorneys in Minneapolis.
Pentagon spokesperson Kingsley Wilson appeared to confirm the CNN report by posting it on X with a comment that the military “is proud to support” the Justice Department.
The Pentagon did not immediately respond to emails from The Associated Press seeking more details.
It’s the latest step by the Trump administration to dispatch military and civilian attorneys to areas where federal immigration operations are taking place. The Pentagon last week sent 20 lawyers to Memphis, U.S. Attorney D. Michael Dunavant said.
Mark Nevitt, an associate professor at Emory University School of Law and a former Navy JAG, said there's concern that the assignments are taking lawyers away from the military justice system.
“There are not many JAGs but there are over one million members of the military, and they all need legal support,” he said.
Jonathan Ross, the Immigration and Customs Enforcement officer who killed Good, suffered internal bleeding to his torso during the encounter, a Homeland Security official told The Associated Press.
The official spoke to AP on condition of anonymity in order to discuss Ross’ medical condition. The official did not provide details about the severity of the injuries, and the agency did not respond to questions about the extent of the bleeding, exactly how he suffered the injury, when it was diagnosed or his medical treatment.
There are many causes of internal bleeding, and they vary in severity from bruising to significant blood loss. Video from the scene showed Ross and other officers walking without obvious difficulty after Good was shot and her Honda Pilot crashed into other vehicles.
She was killed after three ICE officers surrounded her SUV on a snowy street a few blocks from her home.
Bystander video shows one officer ordering Good to open the door and grabbing the handle. As the vehicle begins to move forward, Ross, standing in front, raises his weapon and fires at least three shots at close range. He steps back as the SUV advances and turns.
Homeland Security Secretary Kristi Noem has said Ross was struck by the vehicle and that Good was using her SUV as a weapon — a self-defense claim that has been deeply criticized by Minnesota officials.
Chris Madel, an attorney for Ross, declined to comment on any injuries.
Good’s family, meanwhile, has hired a law firm, Romanucci & Blandin, that represented George Floyd’s family in a $27 million settlement with Minneapolis. Floyd, who was Black, died after a white police officer pinned his neck to the ground in the street in May 2020.
The firm said Good was following orders to move her car when she was shot. It said it would conduct its own investigation and publicly share what it learns.
“They do not want her used as a political pawn,” the firm said, referring to Good and her family, “but rather as an agent of peace for all.”
Waving signs reading “Love Melts ICE” and “DE-ICE MN,” hundreds of teenagers left school in St. Paul and marched in freezing temperatures to the state Capitol for a protest and rally.
The University of Minnesota, meanwhile, informed its 50,000-plus students that there could be online options for some classes when the new term starts next week. President Rebecca Cunningham noted that “violence and protests have come to our doorstep.” The campus sits next to the main Somali neighborhood in Minneapolis.
Associated Press reporters Julie Watson in San Diego, California; Rebecca Santana in Washington, D.C.; Ed White in Detroit; Giovanna Dell’Orto in Minneapolis; Graham Lee Brewer in Oklahoma City, Oklahoma; and Hallie Golden in Seattle contributed.
Federal immigration officers at the scene of a reported shooting Wednesday, Jan. 14, 2026, in Minneapolis. (AP Photo/John Locher)
A woman confronts a federal immigration officer at the scene of a reported shooting Wednesday, Jan. 14, 2026, in Minneapolis. (AP Photo/John Locher)
People react after a firework was set off near the scene of a reported shooting Wednesday, Jan. 14, 2026, in Minneapolis. (AP Photo/Abbie Parr)
Federal immigration officers shoot pepper balls as tear gas is deployed at the scene of a reported shooting Wednesday, Jan. 14, 2026, in Minneapolis. (AP Photo/John Locher)
Law enforcement officers stand amid tear gas at the scene of a reported shooting Wednesday, Jan. 14, 2026, in Minneapolis. (AP Photo/Adam Gray)
Federal immigration officers are seen Wednesday, Jan. 14, 2026, in Minneapolis. (AP Photo/Abbie Parr)
Hundreds of protesters gather in front of the Minnesota State Capitol in response to the death of Renee Good, who was fatally shot by an ICE officer last week, Wednesday, Jan. 14, 2026, in St. Paul, Minn. (AP Photo/John Locher)
Protesters gather in front of the Minnesota State Capitol in response to the death of Renee Good, who was fatally shot by an ICE officer last week, Wednesday, Jan. 14, 2026, in St. Paul, Minn. (AP Photo/John Locher)
Protesters gather in front of the Minnesota State Capitol in response to the death of Renee Good, who was fatally shot by an ICE officer last week, Wednesday, Jan. 14, 2026, in St. Paul, Minn. (AP Photo/John Locher)
Federal officers stand guard after detaining people outside of Bishop Henry Whipple Federal Building, Tuesday, Jan. 13, 2026, in Minneapolis. (AP Photo/Adam Gray)
People visits a makeshift memorial for Renee Good, who was fatally shot by an ICE officer last week, Tuesday, Jan. 13, 2026, in Minneapolis. (AP Photo/John Locher)
A person is detained by federal agents near the scene where Renee Good was fatally shot by an ICE officer last week, Tuesday, Jan. 13, 2026, in Minneapolis. (AP Photo/Adam Gray)
