Redstone waffles on $20B Trump suit
May 22, 2025
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2:14Now PlayingRedstone waffles on $20B Trump suit
YouTube Description
as posted by the channelShari Redstone-controlled Paramount is poised to settle a closely watched legal battle with President Trump over alleged deceptive editing of a controversial “60 Minutes” interview with Kamala Harris – but warring factions within the company have delayed the move, On The Money has learned. NY Post columnist Charles Gasparino shares this story.
The media giant is said to be willing to spend up to $50 million to end the $20 billion lawsuit brought by Trump, thus lifting a legal black cloud that is that is hampering Redstone’s plans to sell Paramount, and its CBS News subsidiary at the center of the lawsuit, to independent studio Skydance in a deal valued at $8 billion, according to people with direct knowledge of the matter.
But the infighting inside Paramount has paralyzed Redstone & Co. from pulling the trigger, leaving management and board members in limbo, the sources said.
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#shariredstone #paramount #lawsuit #donaldtrump
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