“The FCC’s approval of the Paramount-Skydance merger reeks of the worst form of corruption,” Sens. Ed Markey (D-Mass.) and Ben Ray Luján (D-N.M.) said in a joint statement. “The stench of this transaction will linger over the Commission for years.”

The Federal Communications Commission has approved Skydance’s $8 billion acquisition of CBS parent company Paramount Global, both of which made concessions to President Donald Trump.