But the proposed deal, announced in June, appears to have come as a surprise to the School Board, which now says in a state court lawsuit filed Wednesday in Miami that the proposed acquisition is not authorized under the Media Group's management contract that has been in force since 2022. Moreover, the money earmarked to pay for WFLM belongs to WLRN, not the Media Group, the lawsuit asserts.
On Thursday evening, the Federal Communications Commission voted to approve Paramount's $8.4 billion merger with fellow entertainment firm Skydance Media, a deal that took considerable lobbying from the Trump administration and connections to Larry Ellison.