The bet is that Paramount will settle the CBS/🥭 lawsuit as a bribe and shortly after (end of march) the merger with Skydance will get approved. I think the FCC noise, and also recent “concerns” by senators about the merger is 🥭 applying leverage before settlement talks.
https://www.cnn.com/2025/01/31/media/cbs-trump-settlement-60-minutes/index.html?utm_source=chatgpt.com
Skydance CEO is the son of Larry Ellison, Oracle founder and a longtime 🥭 supporter, so I believe the merger will go through, as long as Paramount bends the knee.