Overview
- Trump’s team refused Paramount’s $15 million offer, demanding more than $25 million and an apology from CBS News.
- Shari Redstone has signaled willingness to pay up to $50 million to resolve Trump’s $20 billion lawsuit over alleged deceptive editing of the Harris interview.
- Paramount’s directors are scrutinizing D&O insurance for potential bribery exclusions before agreeing to any payoff.
- The FCC under Trump appointees is holding up the $8 billion Skydance merger as it probes the ‘60 Minutes’ editing allegations.
- Finalizing the deal would yield Redstone about $2 billion and incur a $200 million tax bill while raising bipartisan concerns over journalistic integrity.