Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks.

In the aftermath of the FCC's approval of the Skydance-Paramount merger, there has been consternation, angst and even anger over how it went down.

Brendan Carr said CBS’s decision to “get rid” of DEI and “bias” was what “made the difference” in FCC decision to approve Paramount merger.

The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around U.S. President Donald Trump's legal battle with 60 Minutes, the crown jewel of Paramount-owned broadcast network CBS.

Paramount Global has settled its suit with President Trump, ending the president’s $20 billion election interference lawsuit over CBS News' handling of a "60 Minutes" interview last year.

CBS parent Paramount needs approval from the FCC for an $8.4-billion merger with Skydance Media. FCC Chair Brendan Carr said after a commission meeting the agency continues to review the deal and praised commitments to end diversity programs.

Liberal lawmakers asked David Ellison, chief executive of Skydance Media, which is set to merge with CBS owner Paramount, about alleged promises on conservative ad content.

Not everyone is thrilled that Paramount Global and CBS agreed on Tuesday to settle President Trump’s $20 billion election interference lawsuit against the network.