The FCC has to approve the transfer of Paramount’s broadcast licenses to Skydance, and the Commission has spent some 238 days reviewing it. While a settlement between President Trump and Paramount is widely seen as clearing the path toward the deal consummating, the FCC is still expected to demand meaningful concessions in order to approve the transfer, and those talks will heat up in the coming days, as Charlie Gasparino notes.
Source: What Will FCC Require or Paramount-Skydance Deal to Close