The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.

The lone Democratic appointee on the Federal Communications Commission (FCC) is now openly condemning President Donald Trump's administration over what she alleges is a "campaign of censorship and control" against a major media outlet.

It has been a particularly rough few months at Paramount-owned CBS, where the settlement of a lawsuit regarding 60 Minutes and announced end of Stephen Colbert's latenight show has led critics to suggest corporate leaders were bowing to President Donald Trump.

The pending merger between Paramount Global and Skydance Media was formally approved by the Trump administration on Thursday, concluding months of regulatory uncertainty.

The US FCC has approved the merger of Paramount Global and Skydance Media. This deal transfers control of CBS, Paramount Pictures and other networks to Skydance. The approval follows a settlement in a lawsuit filed by Donald Trump.

Show" host Jon Stewart went to bat for his friend Stephen Colbert after CBS announced it was canceling "The Late Show," a decision he viewed as kowtowing to President Trump.

Two officials were ousted from the Justice Department's antitrust division, following tension in a key office that fights monopolies.

When CBS announced it would cancel The Late Show with Stephen Colbert, many assumed it was just another business decision. But Senator Elizabeth Warren isn’t buying it. She says it’s part of a much bigger,