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House Democrats launch probe into Paramount, Skydance merger

9 4
21.08.2025

A pair of top House Democrats are launching an investigation into Paramount’s $7 billion merger with fellow media conglomerate Skydance and the circumstances that led to the deal’s approval by the Trump administration, The Hill has learned.

Energy and Commerce Committee ranking member Rep. Frank Pallone Jr. (D-N.J.) and Judiciary Committee ranking member Rep. Jamie Raskin (D-Md.) sent a letter to Paramount leadership on Wednesday demanding documents, communications and detailed answers regarding the merger’s approval process.

In their letter, which was reviewed by The Hill, the lawmakers expressed concern about “troubling” statements from President Trump indicating that he expects to receive “$20 Million Dollars more from the new Owners, in Advertising, PSAs, or similar Programming, for a total of over $36 Million Dollars.”

Paramount has denied any such agreement with Trump exists and insisted its settlement with the president only includes a

© The Hill