CBS News is the latest media organization seeking to settle a legal case brought by President Donald Trump. The New York Times reports that the network’s parent company, Paramount Global, is in the ...

Finance experts outline scenarios for the potential coming M&A merry-go-round.

By Georg Szalai Global Business Editor After Shari Redstone in July agreed to selling ... broader (media and entertainment) space since ’21,” Wells Fargo analyst Steven Cahall wrote in a ...

Paramount Global has rejected a last-minute counteroffer from Project Rise Partners, saying 'there will not be any engagement' on the investors' bid.

The shift comes after an internal debate over the network’s coverage of the war in Gaza, which put Cheeks in conflict with Shari Redstone ... in a wide ranging 21-minute-long segment.” ...

CBS News’ president is strongly opposed to settling as staffers fumed that a payout could have negative ramifications for ...

At the time, ERSI said the inspection would investigate for “potential wrongdoing, including whether to seek equitable relief to ensure Shari Redstone and NAI do not profit from their wrongdoing.” ...

Shari Redstone, Paramount’s controlling shareholder, strongly supports the effort to settle, according to two people with knowledge of her thinking. Ms. Redstone stands to clear billions of ...

Paramount importance. Emotions ran high throughout 2024 at Shari Redstone’s Paramount Global, as my colleague Lila MacLellan details for Fortune. Multiple rounds of layoffs and general ...