CBS News CEO Wendy McMahon quits
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CBS late-night host Stephen Colbert roasted his bosses at Paramount on Tuesday for reportedly considering a $30-50 million settlement with President Donald Trump to resolve his $20 billion lawsuit.
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Stocktwits on MSNParamount Global Launches Strategic Review Amid Skydance Merger Talks, CBS News CEO Wendy McMahon ResignsParamount Global (PARA) announced on Monday that its board has initiated a review and evaluation of strategic alternatives to maximize shareholder value. “As Paramount continues to build on the strong leasing momentum from the first quarter,
A group of senators sent a letter to Paramount Global chair Shari Redstone on Monday, seeking information about the CBS News owner's efforts to settle a lawsuit with U.S. President Donald Trump. Senators Elizabeth Warren,
The New Orleans native said in her email to staff that "it's become clear that the company and I do not agree on the path forward. It's time to move on and for this organization to move forward with new leadership.
Another Ominous Sign for the Trump- 60 Minutes Lawsuit Wendy McMahon stepped down as head of CBS News amid speculation that Paramount will cave to the president’s demands.