More than a year after Skydance Media and its partners clinched a deal with Shari Redstone and Paramount Global to merge the companies, the FCC has yet to act on an application to approve the transfer of CBS licenses to the new ownership.

Skydance's CEO told the FCC this week that CBS would reflect "varied ideological perspectives" of U.S. viewers, while touting "American storytelling."

Paramount Global, the owner of CBS News, has made a multibillion-dollar deal to merge with the film production company Skydance Media. To make that possible, Skydance is buying another company ...

President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.

David Rhodes, Sky News executive chairman and former CBS News head, is in talks to run CBS News again if the Skydance acquisition of the broadcaster's owner Paramount Global closes, digital news website Puck reported on Friday.

Skydance Media CEO David Ellison met with FCC Chairman Brendan Carr and other agency staffers this week to discuss the pending regulatory decision on the company’s merger with Paramount Global, where topics included news coverage.

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

Then-CBS anchor and managing editor Scott Pelley (L) and then-President of CBS News David Rhodes speak during the 'CBS Evening News Presentation' panel during the CBS portion of the 2011 Summer TCA Tour held at the Beverly Hilton Hotel on August 3, 2011 in Beverly Hills, California. Frederick M. Brown/Getty Images