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Key Takeaways Skydance commits to 2-year CBS News ombudsman role reporting to Paramount’s president to evaluate bias complaints . Paramount eliminated all DEI programs in February 2025, removing diversity hiring goals and its Office of Global Inclusion . FCC Chairman Brendan Carr conditioned merger approval on DEI elimination, calling such programs “invidious discrimination” . $16M Trump lawsuit settlement preceded the FCC deal, with rumors of $20M more in PSA commitments . The Ombudsman Gambit Skydance lawyer Stephanie Kyoko McKinnon put it in writing July 22. An ombudsman will take complaints about CBS News. Report straight to New Paramount’s president. For two years minimum. This person judges “bias or other concerns.” McKinnon cited Comcast’s NBCUniversal deal as precedent. Said the FCC liked this setup before. Called it a “mechanism effective in preventing editorial bias.” Jeff Shell becomes New Paramount’s president. David Ellison sits as CEO. They want this merger done . DEI Dis...

  Key Takeaways Skydance Media CEO David Ellison  has held preliminary talks to acquire  Bari Weiss’s The Free Press , though a deal remains uncertain . Discussions include a potential role for Weiss in shaping  CBS News editorial direction  (non-managerial), linked to Skydance’s pending $8.4B  Paramount Global merger  . The Free Press boasts ~1.5M subscribers, a $100M valuation, and focuses on centrist/independent journalism . FCC approval for Skydance-Paramount  may require ending DEI programs, adding a CBS ombudsman, and shifting news resources to local stations . Weiss prioritizes editorial independence, complicating acquisition talks amid her attendance at the  Allen & Co. conference  with Ellison . Skydance’s Potential Acquisition of The Free Press: Media Disruption Ahead? 1 What’s Happening with Skydance and The Free Press? David Ellison, the CEO of  Skydance Media , is in early discussions to acquire  The Free Press...