Paramount Shareholder Mario Gabelli Asks FCC to Pause Skydance Deal to Internally Review Potential ‘Violations’

Paramount Global shareholder Mario Gabelli is asking the Federal Communications Commission to pause its review of the transfer of broadcast licenses in connection with the company’s $8 billion merger with Skydance Media as he investigates “potential fiduciary and/or federal securities violations” against the media giant’s minority shareholders.

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