paramount

Paramount Skydance settled its lawsuit with California and other states that attempted to block its acquisition of Warner Bros Discovery.

Paramount has launched an effort to acquire Warner Bros. Discovery, advertising it as a "superior alternative to the Netflix transaction."

House Democrats have launched an investigation into the $8 billion Paramount-Skydance merger, alleging that Paramount may have given President Donald Trump an illegal bribe in the form of a $16 million lawsuit settlement to secure approval from the Federal Communications Commission (FCC).

The Federal Communications Commission approved the $8.4 billion merger between Paramount Global and Skydance Media following a 2-1 vote, clearing the final regulatory hurdle on July 24. The merger includes the transfer of licenses for 28 CBS-owned local TV stations and formalizes the creation of the Paramount Skydance Corporation.

Senator Elizabeth Warren is calling for a federal investigation into Paramount Global’s $16 million settlement with President Trump, labeling the deal “bribery in plain sight.”

Paramount, the parent company of CBS, reached a settlement with President Donald Trump to pay $16 million after the company was accused of deceptively editing an interview with then-Vice President Kamala Harris.

CBS has filed motions to dismiss a $20 billion lawsuit brought by former President Donald Trump over the editing of a "60 Minutes" interview featuring Vice President Kamala Harris.