Part 5/11:
Carr’s statement signaled an endorsement not just of the merger but also of a potential shift toward more objective journalism. As he pointed out, Americans no longer trust traditional media, and it's time for change. If Sky Dance’s new ownership fulfills these commitments, it could mark a turning point in how news is delivered and perceived in the United States.
The Context of the Merger
The deal was announced in July 2024 after a turbulent negotiation process that involved court battles, regulatory scrutiny, and public debate. Notably, the merger’s approval did not require shareholder votes or additional approvals beyond the FCC, streamlining the process. The transaction is viewed as a transformative event that could influence regulatory approaches to future media consolidations.