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CBS Chief George Cheeks Addresses Paramount’s Trump Lawsuit Settlement: Deal Allows Company to Focus on ‘Core Objectives,’ Avoid ‘Reputational Damage’


Paramount Global co-CEO George Cheeks -- who is the head of CBS -- addressed the Trump settlement at the media company's 2025 annual shareholder meeting.

Nine hours after Paramount Global announced a$16 million payment to President Donald Trump to settle his “60 Minutes” lawsuit, co-CEO George Cheeks — who is the head of CBS — spoke about the deal at the media company’s 2025 annual shareholder meeting. The settlement is seen as paving the way for Paramount to finally close its deal that will see it merge with Skydance Media, led by CEO David Ellison. The slate included three new directors: Mary Boies, counsel to Boies Schiller Flexner LLP, who specializes in antitrust and corporate commercial litigation; Charles E. Ryan, founder and general partner of Almaz Capital; and Roanne Sragow Licht, a former judge and adjunct professor at Boston University and Roger Williams University.

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