Paramount Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the Trump administration extracted concessions on the news and entertainment company’s political coverage and diversity practices.

South Park,” Jon Stewart and Stephen Colbert have all been critical of their own company and President Trump this week.

As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would be laying off 3.5% of its domestic staff.

Colbert continued to torch his “morally bankrupt” network CBS and its parent company Paramount for new reports of $20 million deal with Trump.

What to know about the Paramount layoffs. On Tuesday, Paramount’s co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins notified staff of layoffs in a memo, which said 90% of those impacted ...

The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.

South Park” targeted President Trump and Paramount Global in its latest episode this week, poking fun at the president for targeting his enemies and at one point depicting him in bed with Satan. The Wednesday season premiere of the hit animated show,