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Federal regulators approve Paramount's $8 billion deal with Skydance, capping months of turmoil

Federal regulators approve Paramount's $8 billion deal with Skydance, capping months of turmoil

NEW YORK (AP) — 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 stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around President Donald Trump's legal battle with '60 Minutes,' the crown jewel of Paramount-owned broadcast network CBS. With the specter of the Trump administration potentially blocking the hard-fought deal with Skydance, Paramount earlier this month agreed to pay a $16 million settlement with the President.
Critics of the settlement lambasted it as a veiled a bribe to appease Trump, amid rising alarm over editorial independence overall. Further outrage also emerged after CBS said it was canceling Stephen Colbert's 'Late Show' just days after the comedian sharply criticized the parent company's settlement on air. Paramount cited financial reasons, but big names both within and outside the company have questioned those motives.
In a statement accompanying the deal's approval, FCC Chairman Brendan Carr hailed the merger as an opportunity to bring more balance to 'once-storied' CBS network.
'Americans no longer trust the legacy national news media to report fully, accurately, and fairly. It is time for a change,' Carr said.
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Thailand and Cambodia trade fresh attacks and accusations as allies call for a ceasefire
Thailand and Cambodia trade fresh attacks and accusations as allies call for a ceasefire

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  • CTV News

Thailand and Cambodia trade fresh attacks and accusations as allies call for a ceasefire

SURIN, Thailand — Thailand and Cambodia traded accusations of fresh attacks Saturday as deadly border clashes entered a third day and international pressure mounted for a ceasefire. The fighting has killed at least 33 people and displaced more than 168,000. Artillery and small arms fire were reported near several border villages, expanding the area of the fighting that flared Thursday after a land mine explosion along the border wounded five Thai soldiers. Cambodian and Thai officials blamed each other for starting the clashes. Both countries recalled their ambassadors and Thailand closed its border crossings with Cambodia. Cambodian authorities reported 12 new deaths on Saturday, bringing its toll to 13, while the Thai military said a soldier was killed, raising the number of dead to 20, mostly civilians. 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'Thailand reaffirms its commitment to resolving the conflict peacefully and in accordance with international law,' he said, urging Cambodia to 'return to the negotiating table with sincerity and in good faith.' Jintamas Saksornchai And Sopheng Cheang, The Associated Press Associated Press writers Chalida Ekvitthayavechnukul and Grant Peck in Bangkok, and Eileen Ng in Kuala Lumpur contributed to this report. Sopheng Cheang reported from Oddar Meanchey, Cambodia.

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Pro-Trump Christian musician to play Alberta legislature grounds in Edmonton
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Pro-Trump Christian musician to play Alberta legislature grounds in Edmonton

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