Overview

• Wendy McMahon, chair of CBS News, announced her resignation, citing strategic differences with the company during a challenging period.
• The resignation follows a multibillion-dollar lawsuit filed by Donald Trump against CBS's '60 Minutes' over alleged misleading editing of a Kamala Harris interview.
• Last month, Bill Owens, lead producer of '60 Minutes,' also departed CBS News amidst fallout from the lawsuit.
• Shari Redstone, owner of CBS parent company Paramount, is pursuing a settlement with Trump while awaiting regulatory approval for Paramount's sale to Skydance.
• Legal experts remain skeptical of Trump's case, questioning its likelihood of success despite its significant impact on CBS's leadership and strategy.