Paramount Suitor Meets With FCC Chairman, Seeking OK for Deal

Skydance Media Chief Executive Officer David Ellison met with Federal Communications Commission Chairman Brendan Carr on Tuesday appealing to the regulatory chief to approve his film studio’s pending merger with Paramount Global.

The transaction has “significant public interest benefits,” according to a letter to the FCC signed by Skydance attorney Matthew Brill recapping the meeting. Ellison, the son of Oracle Corp. co-founder Larry Ellison, his family and RedBird Capital Partners, “represent fresh leadership with the vision and experience” needed to drive the new company’s long-term growth “in a changing media landscape,” according to the letter that was made public on Friday.