More than a year after Skydance Media and its partners clinched a deal with Shari Redstone and Paramount Global to merge the companies, the FCC has yet to act on an application to approve the transfer of CBS licenses to the new ownership.

Top boss of Skydance Media David Ellison met with Federal Communications Commission Chair Brendan Carr this week to request regulatory approval for the pending Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) transaction,

Skydance Media CEO David Ellison met with FCC Chairman Brendan Carr and other agency staffers this week to discuss the pending regulatory decision on the company’s merger with Paramount Global, where topics included news coverage.

Then-CBS anchor and managing editor Scott Pelley (L) and then-President of CBS News David Rhodes speak during the 'CBS Evening News Presentation' panel during the CBS portion of the 2011 Summer TCA Tour held at the Beverly Hilton Hotel on August 3, 2011 in Beverly Hills, California. Frederick M. Brown/Getty Images

David Rhodes, Sky News executive chairman and former CBS News head, is in talks to run CBS News again if the Skydance acquisition of the broadcaster's owner Paramount Global closes, digital news website Puck reported on Friday.

President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.

Paramount Global, the owner of CBS News, has made a multibillion-dollar deal to merge with the film production company Skydance Media. To make that possible, Skydance is buying another company ...