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    paramount global

    Shari Redstone

    'Could Amount to a Bribe': Group Threatens Lawsuit If Paramount Caves to Trump

    "Corporations that own news outlets should not be in the business of settling baseless lawsuits that clearly violate the First Amendment and put other media outlets at risk."

    Jake Johnson
    May 24, 2025

    If Paramount Global, the parent company of CBS News, settles a $20 billion lawsuit brought by U.S. President Donald Trump, it could face another lawsuit from a leading press freedom organization.

    The Freedom of the Press Foundation (FPF), a Paramount shareholder, notified company executives in a letter on Friday that a settlement with Trump "could amount to a bribe" to the president and his administration "for their approving and not impeding" a merger of Paramount and the entertainment company Skydance.

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    paramount global
    Shari Redstone

    'Enough Is Enough': Sanders Slams Redstone Over Ouster of CBS News CEO Amid Trump Suit

    "Do not capitulate to Trump's attack on a free press," Sen. Bernie Sanders wrote. "Do not settle Trump's bogus lawsuit against '60 Minutes.'"

    Jake Johnson
    May 19, 2025

    U.S. Sen. Bernie Sanders on Monday reiterated his call for the owner of CBS News' parent company to stand up to President Donald Trump following news that the outlet's CEO was forced to step down from her post.

    "Bill Owens, the producer of CBS's '60 Minutes,' resigned in protest. Wendy McMahon, the head of CBS News, has now resigned," Sanders (I-Vt.) wrote on social media. "I say to Shari Redstone: Enough is enough. Do not capitulate to Trump's attack on a free press. Do not settle Trump's bogus lawsuit against '60 Minutes.'"

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    shari redstone
    Simon & Schuster headquarters in New York

    Critics Rip Private Equity Firm's Deal to Buy Simon & Schuster as 'Dark Day for Publishing'

    "I guess all of corporate book publishing is beholden to investors above all else but this really makes it blatant," said one literary podcaster.

    Brett Wilkins
    Aug 07, 2023

    American literati recoiled in howls of articulate indignation Monday following news that multinational mass media conglomerate Paramount Global has agreed to sell venerable publishing house Simon & Schuster to KKR, described by one critic as "possibly the most vile example of a private equity firm that acquires, eviscerates, and kills off companies for profit."

    The New York Timesreports KKR will pay $1.62 billion in an all-cash deal for the 99-year-old publishing giant, which was first put up for sale in 2020.

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