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Trump settlement triggers 'widespread distress' at CBS News

  • Late Tuesday night, Paramount Global settled Trump’s $20 billion lawsuit, prompting fury among CBS News staffers.
  • Trump filed a $20 billion lawsuit in October over CBS's alleged deceptive editing of a Harris interview to aid her 2024 campaign.
  • Paramount will pay $16 million upfront for Trump's library and legal fees, with potential total costs exceeding $30 million, and will implement a transcript mandate.
  • Following the settlement, CBS News staff expressed disgust, with executive producer Bill Owens resigning in protest and newsroom morale deteriorating.
  • CBS’s new transcript rule and the Skydance merger review by Trump’s FCC could reshape media accountability standards.
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  • 45% of the sources are Center
45% Center
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Fox News broke the news in New York, United States on Thursday, July 3, 2025.
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