The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.

Legendary late-night host David Letterman has labeled CBS and Skydance executives as “goons” following the controversial cancellation of The Late Show with Stephen Colbert. Letterman accused the network of political motivations behind the decision,