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Bob Costas Slams Media for Settling Trump Lawsuits as Paramount Merger Awaits FCC Nod

He warned that media payouts to President Trump undermine press freedom ahead of the FCC’s decision on the Paramount-Skydance merger.

Bob Costas attends the Willie Mays Celebration of Life Ceremony at Oracle Park on July 8, 2024, in San Francisco, California.
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Bob Costas speaks at the 2025 Mirror Awards (Credit: YouTube)

Overview

  • Bob Costas condemned ABC News for paying a $15 million settlement to President Trump after George Stephanopoulos misreported a rape verdict in the E. Jean Carroll case.
  • He criticized Shari Redstone’s $15 million offer to settle Trump’s CBS/60 Minutes lawsuit, noting Trump’s rejection triggered resignations by Bill Owens and Wendy McMahon.
  • Costas argued that presenting “both sides” of Donald Trump’s claims amounts to false balance and urged journalists to refuse legitimizing misinformation.
  • He described the president’s personal lawsuits, FCC probes and press restrictions as unprecedented threats to the free press in modern American politics.
  • Costas warned that these legal concessions carry broader corporate consequences under the FCC’s looming review of the Paramount-Skydance merger.