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A month into negotiations, Paramount Global has offered $15 million to settle US President Donald Trump’s lawsuit against CBS News, but the parties remain far apart on terms, the Wall Street Journal reported on Wednesday, citing people familiar with the situation. Trump’s team wants more than $25 million and is also seeking an apology from […]
The obstacles impeding Paramount’s $8 billion sale to Skydance keep piling up, and much of it involves CBS, the so-called Tiffany Network, and whether it has shed its rep for disseminating honest news. Another major hurdle getting a lot less attention but could loom just as important is a nasty battle between CBS, Paramount’s news and […]
CBS News quietly slashed three high-level positions ahead of a major round of layoffs across parent company Paramount Global that is expected to kick off this summer, The Post has learned. The embattled Tiffany Network — which has seen ratings plunge at its morning show and evening news program, and is being sued by President […]
Paramount and representatives of President Trump are scheduled to meet Wednesday before a mediator who will determine the fate of Trump’s $20 billion lawsuit against CBS, The Post has learned. It all comes as Paramount — whose CBS network has been accused of deceptively editing a “60 Minutes” interview with Kamala Harris to tilt the 2024 […]
Skydance Media may finally win regulatory approval for its $8 billion deal to merge with Paramount Global — but the process could look like something out of “Mission: Impossible.” That’s the word from sources close to the megadeal, who tell me that under terms of a merger approval being discussed by the incoming Trump administration’s […]
