CBS News CEO Wendy McMahon quits
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Paramount Global is facing fresh heat from Capitol Hill over its talks to settle a $20 billion defamation lawsuit brought by President Trump against CBS News — with three left-leaning US senators warning that a deal could potentially violate US anti-bribery laws.
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The Desk on MSNSenators probe Redstone, Paramount amid Trump lawsuitA trio of U.S. Senators have expressed concern that Paramount Global may have violated federal anti-bribery laws with respect to the entertainment giant's ongoing lawsuit involving President Donald Trump.
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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,
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.