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California Senators Suggest Paramount-Trump Settlement Would Amount to a Bribe and Harm Independent Press
Two California state senators have called for a hearing on the Paramount-Trump settlement talks, suggesting they may amount to a bribe.
Two California state senators have called for a hearing on the settlement talks between Paramount Global and President Trump, alleging that such a deal would amount to a bribe in order to obtain regulatory approval for the studio’s merger with Skydance Media. Though CBS has argued in court that the suit is without merit, Paramount controlling shareholder Shari Redstone has nevertheless reportedly pushed for a settlement, in hopes that doing so will help expedite the pending $8 billion Skydance. Three Democratic U.S. senators — Elizabeth Warren, Ron Wyden and Bernie Sanders — raised alarms earlier this month about the discussions, suggesting that a corrupt quid pro quo may violate the federal bribery statute.
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