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After yet another CBS News figure resigned in apparent protest, Sen. Bernie Sanders (I-Vt.) repeated his calls for Paramount Global’s controlling shareholder, Shari Redstone, not to settle with President Donald Trump over his “bogus” lawsuit concerning a “60 Minutes” segment.
Paramount has been facing ire from its CBS stars and prominent Democrats as it mulls whether to settle President Trump's lawsuit over its "60 Minutes" interview with Kamala Harris.
CEO of Paramount Global, is helping negotiate a settlement of the president’s lawsuit against CBS News, with the pending merger of Paramount and Skydance in the balance.
The senators say the decision to try to settle President Trump’s lawsuit appears to be a ‘deal’ to ‘exploit his position to intimidate the media
One problem is that Paramount has a relatively small international presence. That means David (or to be more precise Larry) will have to dip into his wallet to expand the reach of its streaming product outside the US if they want it to start making even a few bucks like rival Warner Bros. Discovery has accomplished in its foray into streaming.