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The Journal.

Will Paramount Settle With Trump?

27 Feb 2025

Description

Paramount Global is wrestling with whether to settle President Trump’s lawsuit against its CBS unit. At the same time, the company is waiting for regulatory approval from the Trump administration for its merger with Skydance Media. WSJ’s Jessica Toonkel explains.   Further Reading: -CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap  -FCC Requests ‘60 Minutes’ Harris Interview Material as It Reviews Paramount-Skydance Merger  -Paramount Executives Ask: Could They Be Sued for Settling Trump’s $20 Billion CBS Lawsuit?  Further Listening: -Mayhem at Paramount as Merger Looms  -Why Buying Paramount Global Won’t Be Easy  Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Full Episode

3.749 - 6.43 Bill Whitaker

Okay.

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6.51 - 11.433 Kamala Harris

Hi, everyone. Well, welcome to Mi Casa. Thank you. Hi.

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11.493 - 28.102 Kate Leinbaugh

Hello again. How are you? This is raw video footage from 60 Minutes, the longstanding news magazine show on CBS. Last fall, veteran correspondent Bill Whitaker sat down with Democratic presidential candidate Kamala Harris.

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29.403 - 29.683 Bill Whitaker

Good?

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30.383 - 45.238 Kate Leinbaugh

I'm good. All right. Well, Madam Vice President... Whitaker kicked the interview off with questions about the Middle East and pressed Harris on the Biden administration's relationship with Israel's prime minister.

45.758 - 65.029 Bill Whitaker

But it seems that Prime Minister Netanyahu is not listening. The Wall Street Journal said that he, that your administration has repeatedly been blindsided by Netanyahu. And, in fact, he has rebuffed just about all of your administration's entreaties.

69.309 - 98.241 Kamala Harris

The work that we have done has resulted in a number of movements in that region by Israel that were very much prompted by or a result of many things, including our advocacy for what needs to happen in the region. And we're not going to stop doing that. We're not going to stop pursuing what is necessary for the United States to be clear about where we stand on the need for this war to end.

99.83 - 133.994 Kate Leinbaugh

This answer and how it was edited has become the center of a storm involving President Trump, claims of election interference, and questions about media independence. This storm is also threatening an $8 billion merger that CBS's parent company, Paramount Global, desperately wants to get done. Welcome to The Journal, our show about money, business, and power. I'm Kate Leinbaugh.

134.294 - 175.155 Kate Leinbaugh

It's Thursday, February 27th. Coming up on the show, Trump's fight against the news media runs headlong into a massive entertainment merger. Soon after 60 Minutes aired its interview with Harris, her opponent, Donald Trump, took to the stage at a campaign rally and asked his supporters a question.

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