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What’s Next In The Trump-CBS, Paramount-Skydance Saga
Deadline looks at what's next in the Trump-CBS Paramount-Skydance saga following Paramount's $16 million settlement of a Trump-filed lawsuit.
In the aftermath of the company’s $16 million settlement of a lawsuit filed by President Donald Trump, Paramount Global CEO George Cheeks told shareholders that there was a reason to do so, even if CBS had long argued that the litigation was meritless. Seth Stern, director of advocacy for the organization said that they filed a shareholder demand for books and records of the settlement decision, including corporate discussion of the risks, benefits and drawbacks. But in warning about a settlement last week, the right-leaning editorial board of The Wall Street Journal wrote, “The FCC would categorically deny any connection between its approval and a multi-million-dollar check to Mr. Trump, and the Justice Department under current management wouldn’t poke around.
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