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California Opens Inquiry Into Whether Paramount Violated State Bribery, Competition Laws, Semafor Reports

  • California state senators opened an inquiry on May 30, 2025, examining whether Paramount violated bribery and competition laws amid settlement talks with Donald Trump.
  • The inquiry centers on Trump's $20 billion lawsuit accusing CBS News of manipulating footage from an interview with then-presidential contender Kamala Harris, which Paramount aims to resolve in order to facilitate a pending $8 billion merger with Skydance.
  • Former CBS executives Bill Owens and Wendy McMahon resigned recently due to conflicts over handling the lawsuit and are invited to testify voluntarily to shed light on internal pressures.
  • Paramount offered Trump around $15 million to settle, while Trump demands over $25 million and an apology, raising concerns that a deal could constitute a bribe influencing regulatory approval.
  • Senators warn a settlement might undermine journalistic independence, violate laws, chill political reporting, and damage California's reputation for ethical media oversight.
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The Globe & Mail broke the news in Canada on Friday, May 30, 2025.
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