That’s a question asked by Robert Fishman, a Senior Analyst at MoffettNathanson, who notes that after more than a 250-day review, the FCC “finally” approved the transfer of Paramount’s broadcast licenses to Skydance, effectively removing the final major obstacle to closing the deal – likely within the next few weeks, if not sooner.
“While we are not offering commentary on the political dimensions of the process, it is worth acknowledging the visible fallout: the disruption of several long-standing and culturally significant franchises in the lead-up to the transition,” Fishman notes.