Skydance Acquisition of Paramount Global to End DEI Policies, Install CBS News Ombudsman
Skydance's Paramount Global acquisition will eliminate Diversity, Equity, and Inclusion policies company-wide, including CBS News, while installing an ombudsman to address bias complaints.
Overview
Skydance is on the verge of a multi-billion dollar acquisition of Paramount Global, a significant merger poised to bring major changes to the media conglomerate, including its news division.
As part of the acquisition, Skydance intends to eliminate existing Diversity, Equity, and Inclusion (DEI) policies across the entire company, a key component of their bid for Paramount.
Specifically, Skydance plans to dismantle DEI initiatives at CBS and CBS News, indicating a significant shift in the network's approach to internal diversity programs and corporate culture.
To address potential concerns and ensure fairness, Skydance also pledges to install an ombudsman at CBS News, tasked with handling and investigating any bias complaints.
These proposed changes reflect Skydance's strategic vision for the newly acquired entity, aiming to reshape internal policies and address perceived issues within the news organization.