US EditionDeal Dispatch: Trump Gets Paramount To Pay Up, M&A Dips - Juniper Networks Inc Com (NYSE:JNPR), Hewlett Packard (NYSE:HPE)
- Paramount Global settled a lawsuit with President Donald Trump by agreeing to pay $16 million over a disputed '60 Minutes' interview with Kamala Harris.
- Trump sued CBS claiming the interview was deceptively edited to favor Harris and sought $20 billion in damages, but legal experts considered the case weak.
- As part of the settlement, '60 Minutes' agreed to release transcripts of future presidential candidate interviews after airing, subject to legal or national security redactions.
- The $16 million payment will fund Trump's future presidential library, and the settlement may ease regulatory approval of Paramount's pending $28 billion Skydance Media merger.
- The settlement raised concerns among journalists and legal experts about press freedom, possible self-censorship, and increased pressure on news organizations to avoid litigation threats.
16 Articles
16 Articles
Deal Dispatch: Trump Gets Paramount To Pay Up, M&A Dips - Juniper Networks Inc Com (NYSE:JNPR), Hewlett Packard (NYSE:HPE)
New On The Block Abry Partners hired JPMorgan Chase to find a buyer for physician social network Sermo, Axios reports. Bids are expected to be between $600 million and $800 million. Boston-based Abry first invested in Sermo in 2019. Verint Systems Inc. (NASDAQ:VRNT), a provider of call center software, is working with an adviser on a potential sale. Thoma Bravo is interested, per Bloomberg. Despite a 28% stock drop this year, Verint recently b…
Trump Confronted by Reporter Over Bombshell Paramount Deal After Rally
President Donald Trump was confronted over his bombshell settlement with Paramount and CBS, and whether it was a deciding factor in a pending mega-merger. Paramount announced Tuesday that they will pay Trump $16 million to settle what most experts consider to be a meritless lawsuit over a 2024 60 Minutes interview with former Vice President Kamala Harris. Trump was confronted about the deal as he returned from a rally at the Iowa State Fairgroun…
Don't Worry, John Dickerson: CBS News Lost The Public's Trust Long Before Settlement With Trump
On Thursday night, "CBS Evening News" anchor John Dickerson addressed the fact that parent company Paramount Global reached a $16 million settlement with President Donald Trump over the network's deceptive editing during an interview with former Vice President Kamala Harris ahead of the 2024 election."Paramount Global, the parent company of CBS News, settled a suit with President Trump today. Journalists don’t like to report on themselves. Somet…
Sad Lesley Stahl and Fellow ‘60 Minutes’ Stars Express ‘Dismay’ at ‘Capitulation to Trump’ in Teary-Eyed Zoom About Settlement: Report
One staffer expresses concern that the likely new owners of Paramount and its subsidiary, CBS News, will be ‘tinkering’ with the show.
Coverage Details
Bias Distribution
- 43% of the sources lean Left, 43% of the sources lean Right
To view factuality data please Upgrade to Premium
