Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire Paramount, the parent company of CBS and other outlets including Comedy Central and MTV. The approval comes amid concerns about Paramount settling a lawsuit with Trump just days before CBS announced the cancellation of "The Late Show with Stephen Colbert" which has been critical of the president.

Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.

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

The US$8 billion deal advances after the merged company assures compliance with Trump-era diversity restrictions.

Brendan Carr says people must keep in mind "a broader dynamic" regarding the cancellation of "The Late Show With Stephen Colbert"

Kicking off Monday’s show with a joke about Trump wanting to change the name of the Washington Commanders NFL team (the “Washington Epsteins,” Colbert suggested), he walked into the Ed Sullivan Theater to loud cheers and said “This is going to be fun.” It certainly was.

Senator Elizabeth Warren wrote a scathing op-ed for Variety on Wednesday, calling out CBS and its parent company Paramount for canceling “The Late Show with Stephen Colbert.”