Paramount, 60 Minutes and Trump
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CBS News, Wendy McMahon and Paramount
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Stephen Colbert addressed the possibility that Paramount Global will settle with Donald Trump over his $20 billion lawsuit against CBS News over the way that 60 Minutes edited an interview with Kamala Harris.
Wendy McMahon is quitting CBS News, citing disagreement with Paramount's direction. Her exit raises concerns about the future of "60 Minutes."
CBS News CEO Wendy McMahon was the second top executive to step down in recent weeks amid the network's effort to strike a deal with the president.
CBS News’ ‘“60 Minutes” addressed the surprise exit of its longtime executive producer Bill Owens on Sunday’s program, with anchor Scott Pelley saying that “no one is happy” about his departure.
Minutes" correspondent Scott Pelley gave a comment on producer Bill Owens resigning suddenly amid an ongoing lawsuit with the Trump administration.
In a rare on-air rebuke April 27, longtime correspondent for the CBS newsmagazine Scott Pelley said the broadcaster's parent company Paramount had become heavy-handed in its oversight.
The board of Paramount Global , the parent company of CBS News, outlined acceptable financial terms for a potential settlement with U.S. President Donald Trump on his "60 Minutes" lawsuit, The New York Times reported on Tuesday,
It's never particularly flattering to be compared to Richard Nixon in the throes of Watergate, but watching events unfold at CBS News -- with President Wendy McMahon as the latest resignation and other abrupt exits as parent Paramount Global casts about for someone to perform extremely unsavory tasks -- brings to mind what came to be known as Nixon's Saturday Night Massacre.