WSJ: Paramount May Settle Trump’s “60 Minutes” Suit
Investing.com reports:
Paramount Global has been considering options to settle a $10 billion lawsuit filed by Donald Trump over a CBS News interview with Vice President Kamala Harris, according a report from the Wall Street Journal. The lawsuit alleges that CBS News committed election interference by editing portions of the interview, favoring Harris’s presidential campaign.
The media conglomerate, which owns CBS, its namesake studio, and several cable channels, is currently planning a merger with Skydance Media. However, Trump’s dissatisfaction with CBS News could potentially complicate the review process for the merger, leading the companies to consider offering concessions for approval.
FCC Chairman Brendan Carr has reportedly warned Paramount executives about the potential challenges. The FCC has jurisdiction over the merger as it involves the transfer of broadcast-TV licenses held by
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