<h2 class="topline-heading">Topline</h2><p>Skydance Media has closed their deal to purchase Paramount for $8 billion, CEO David Ellison announced Thursday—capping off a tumultuous bid to win regulatory approval and two weeks after the FCC <a href="https://www.forbes.com/sites/antoniopequenoiv/2025/07/24/fcc-greenlights-8-billion-paramount-skydance-merger-after-skydance-vows-to-end-dei-programs/" target="_self" class="color-link" title="https://www.forbes.com/sites/antoniopequenoiv/2025/07/24/fcc-greenlights-8-billion-paramount-skydance-merger-after-skydance-vows-to-end-dei-programs/" data-ga-track="InternalLink:https://www.forbes.com/sites/antoniopequenoiv/2025/07/24/fcc-greenlights-8-billion-paramount-skydance-merger-after-skydance-vows-to-end-dei-programs/" aria-label="finally greenlit the deal">finally greenlit the deal</a> announced in July 2024.</p><figure class="embed-base image-embed embed-0" role="presentation"><div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/6894ac8e1cefc1220071b85c/Skydance-And-Paramount-Merger-Approved-By-FCC/960x0.jpg?cropX1=0&amp;cropX2=2351&amp;cropY1=121&amp;cropY2=1442" alt="Skydance And Paramount Merger Approved By FCC" width="100%" height="auto"></div><div style="--article-bg-color:#faf3f1"><div class="bMqrj"><div class="Jp--BF7-"><span style="-webkit-line-clamp:2" class="Ccg9Ib-7 _8XF2kHYM">The media company owned by David Ellison announced the deal over a year ago, but only received FCC approval in July.</span></div><small class="pGGCM2aD">Getty Images</small></div></div></figure>

<div class="key-facts-element"><p><em>This is a breaking story and will be updated.</em></p></div>

The media company owned by David Ellison announced the deal over a year ago, but only received FCC approval in July.{ai:summary}<p>Skydance Media has finalized its $8 billion acquisition of Paramount, as announced by CEO David Ellison. This follows a lengthy process for regulatory approval, which was granted by the FCC two weeks ago after the deal was initially proposed in July 2024. </p><p>The acquisition marks a significant move in the media landscape. #politics</p>

Skydance Closes $8 Billion Merger With Paramount

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