FCC

The Skydance transaction has been pending at the FCC since last fall, leaving Paramount executives in limbo.

Paramount needs the FCC to authorize the transfer of the CBS station licenses to the Ellison family.

The FCC’s review of the Skydance deal has become bogged down.

The president also has called for CBS to lose its station licenses, which are governed by the FCC.

FCC Chairman Brendan Carr, a Trump appointee, opened an inquiry to determine whether the edits rose to the level of news distortion.