Critics say that is an inflated price for Ellison’s firm. But Skydance and its backers also agreed to pump $1.5 billion into Paramount’s battered balance sheet so the company can pay down debt.

Late-night host Stephen Colbert unleashed on Paramount, his employer, for settling with President Donald Trump in his election interference lawsuit against the company over a "60 Minutes" interview.

The morning after Paramount Global agreed to a $16 million payout to settle Donald Trump ‘s lawsuit against CBS and 6 0 Minutes, co-CEO George Cheeks stepped up to defend the move at the company ...

US News Pressure mounting on Paramount from CBS stars, Dem lawmakers as company considers settling $20B Trump lawsuit By Joseph A. Wolfsohn, Fox News Published May 9, 2025, 12:11 p.m. ET ...

Colbert said. Paramount, CBS' parent company, agreed on July 1 to pay the president a sum that could reach north of $30 million to settle Trump’s election interference lawsuit against the network.

President Donald Trump has rejected a settlement offer of $15 million from Paramount after he sued the company over a 60 Minutes interview last year with then-Vice President Kamala Harris. The ...

Sen. Bernie Sanders (I-Vt.) blasted Paramount Global after the company agreed to pay $16 million to settle a lawsuit brought by President Trump. The settlement comes as Paramount is working to ...

As Paramount’s lucrative licensing deal for South Park expires, allowing the show to be shopped, a new legal battle is brewing. Jeff Shell, the RedBird Capital executive who will be the incoming ...

Paramount Global, the parent company of CBS, reportedly agreed to the terms of a settlement with the Trump administration over claims that 60 Minutes, its flagship news magazine show, selectively ...

If and when the Paramount-Skydance deal closes to form "Paramount Skydance Corp.," Redstone is set to exit the merged company's board. Skydance CEO David Ellison, who is the son of Larry Ellison ...

CBS News staffers are reportedly furious over parent company Paramount Global’s intent to reach a settlement of a $10 billion lawsuit filed by President Trump over a controversial “60 Minutes ...