Paramount Deal Faces Criticism Over Bias and Discrimination

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Paramount Deal Faces Criticism Over Bias and Discrimination
MergerParamountSkydance
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A group has criticized the planned merger of Paramount and Skydance, accusing Paramount of ideological bias, news manipulation, and racial discrimination in hiring. The deal, which would combine Paramount with its financial partner Skydance, was struck in July but faces opposition from a Paramount investor who claims the merger would cost shareholders billions.

The group also said Paramount 's CBS News division"has a troubling track record of ideological bias and news manipulation" and the CBS Television division has shown"racial discrimination in hiring and promotion".

In July, David Ellison's Skydance struck a deal with Paramount to combine the two media houses in a complex two-step process, ending months of discussion and speculation about the future of one of Hollywood's oldest studios.

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