The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president, the Larry Ellison family and mogul Shari Redstone.

The end of legal wrangling between Paramount Global and President Donald Trump might be a relative win for the company, but its TV unit keeps eroding

Paramount faces scrutiny for agreeing to pay $16 million to settle a suit brought by Trump, amid a merger attempt that requires his administration's blessing.

We wrap up our two part conversation with Hollywood legend Barry Diller on the heels of his memoir “Who Knew?”

Speaking with reporters at Joint Base Andrews late Thursday night, Trump claimed the settlement was actually worth much more than $16 million.

CBS is axing “The Late Show With Stephen Colbert” in May 2026, the host told an audience at a taping Thursday. The announcement came two days after Colbert spoke out against Paramount Global, parent company of his network CBS, settling with President Donald Trump over a “60 Minutes” story.

Ex-CBS producer Lowell Bergman said the settlement with President Trump is "a lot worse" than the legal pushback of its tobacco coverage.

A veteran media reporter says the Trump administration might try to force CBS News to commit to viewpoint diversity or to hire a conservative commentator.

Jon Stewart took aim at his network's parent firm Paramount Global for paying $16 million to settle President Donald Trump's lawsuit against CBS News, calling the move a payoff for approval of a pending merger.

Skydance's CEO told the FCC this week that CBS would reflect "varied ideological perspectives" of U.S. viewers, while touting "American storytelling."