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BumRushDaShow

(157,325 posts)
Tue Jul 8, 2025, 08:40 AM Jul 8

Paramount's Outrageous '60 Minutes' Settlement May Be Even Worse Than It Appears

Source: Huff Post

Jul 7, 2025, 08:49 PM EDT | Updated 6 hours ago


The dealings to settle President Donald Trump’s lawsuit against “60 Minutes” may have been even more complicated and unseemly than was initially known. Trump on Thursday claimed that the settlement ― which consisted of a $16 million payout largely to his presidential library ― was actually worth significantly more because it also included advertising that CBS would eventually run.

“We did a deal for about $16 million plus $16 million, or maybe more than that in advertising. So it’s a combination of 16 plus 16 plus. So it’s like $32 [million] to maybe $35 million,” Trump said, according to a White House press pool report from The Washington Post’s Cat Zakrzewski.

Trump also praised David Ellison, the son of one of his close allies and chief executive at Skydance Media, an independent studio that’s attempting to merge with Paramount, CBS News’ parent company. The $8 billion merger will require approval from the Trump administration’s Federal Communications Commission, which has led many to fear that the Paramount settlement is really about greasing the government’s wheels. Paramount denies this.

Trump’s comments appear to reference a “side deal” reported by the New York Post’s Charles Gasparino, who broke the news about an alleged offer that Ellison put forth. Gasparino reported that Ellison promised to run between “$15 million and $20 million of public service ads [on CBS] to promote causes supported by the president” once his company’s merger with Paramount was complete.

Read more: https://www.huffpost.com/entry/trump-paramount-david-ellison_n_686c4524e4b0dd2148c64a68

29 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Paramount's Outrageous '60 Minutes' Settlement May Be Even Worse Than It Appears (Original Post) BumRushDaShow Jul 8 OP
CBS is now the Putin MAGA propaganda arm. Irish_Dem Jul 8 #1
The Oligarch's have figured out a way to shut up the media. Jacson6 Jul 8 #2
The uber wealthy weaponized the courts. bronxiteforever Jul 8 #5
Yes and SCOTUS helped them do it. Jacson6 Jul 8 #8
A well known proverb about dogs and fleas applies here. Ray Bruns Jul 8 #3
Redstone and Trump set this up FredGarvin Jul 8 #4
It suddenly dawned on me tonkatoy8888 Jul 8 #6
Destroyed Nasruddin Jul 8 #12
if they see that (which seems to be the case), then fuck CBS News. No longer trustworthy at all LymphocyteLover Jul 8 #17
Next time CBS or ABC or any media says ANYTHING 3825-87867 Jul 8 #7
Wasn't the original suit for $20 Billion or some such super ridiculous number? Quanto Magnus Jul 8 #11
Yes, it was insane and so deeply corrupt that it made your head spin. Goddamn, I hope he gets some justice some day for LymphocyteLover Jul 8 #18
It only works if you own the FCC and FTC Diraven Jul 8 #24
Will "Cleared by government censors" be superimposed on CBS programming now? PSPS Jul 8 #9
Someone just has to ask this CBS place did the present owners ever read about what fucking a Fascist did in 1939-1945? turbinetree Jul 8 #10
Sixteen Mil? You can burn that on attorneys in no time. twodogsbarking Jul 8 #13
My response Nigrum Cattus Jul 8 #14
All of the companies executives and employees that pushed and voted to settle should be fired without a parachute. cstanleytech Jul 8 #15
You cannot compromise with crazy perdita9 Jul 8 #16
Their lawyers were geniuses. hunter Jul 8 #19
im a huge star trek fan moonshinegnomie Jul 8 #20
I'm a huge Trekker BidenRocks Jul 8 #26
Sounds like extortion to me mdbl Jul 8 #21
Why would HuffPost report a claim by Trump as if it's the gospel truth? Wiz Imp Jul 8 #22
I think we all know but I expect they are just reporting what on-scene reporters captured of his verbal vomit BumRushDaShow Jul 8 #23
We watched a Paramount movie last night and the first thing I thought of B.See Jul 8 #25
It's a lovely studio. BidenRocks Jul 8 #27
How does trump taste Paramount ? republianmushroom Jul 8 #28
With 47, however bad something is, the whole truth is ALWAYS far worse. (nt) pat_k Jul 8 #29

Jacson6

(1,460 posts)
2. The Oligarch's have figured out a way to shut up the media.
Tue Jul 8, 2025, 08:53 AM
Jul 8

Peter Thiel started this strategy when he destroyed Gawker media through funding of civil lawsuits against it, a few years ago.


Jacson6

(1,460 posts)
8. Yes and SCOTUS helped them do it.
Tue Jul 8, 2025, 10:15 AM
Jul 8

I wouldn't be surprised if 6 of them all received nice gifts when they retire.

tonkatoy8888

(130 posts)
6. It suddenly dawned on me
Tue Jul 8, 2025, 10:11 AM
Jul 8

that when viewed as the participants in this deal (CBS & Trump) do there is absolutely nothing wrong with this deal.

CBS sees the news department just like they see any other department. It's simply a matter of profit.

News is not a public trust to them it's just another profit/loss line on the annual report, so who gives a rat's ass about it other than maintaining its profitability or leveraging its importance to increase profits elsewhere in the corporation.

15M (or 35M) is a small price to pay, from their perspective, for getting approval for their merger.

After all, it's just bidness.


Nasruddin

(1,079 posts)
12. Destroyed
Tue Jul 8, 2025, 12:18 PM
Jul 8

It's a part of their business that's now worth nothing.

It may be but a small part of Redstone's problems unloading this property (a problem she bought for herself, having turned down several deals in the past). But this agreement sacrifices one of the worthwhile businesses.

3825-87867

(1,490 posts)
7. Next time CBS or ABC or any media says ANYTHING
Tue Jul 8, 2025, 10:15 AM
Jul 8

even remotely, questionably construable about a Democrat, they need to sue for , ah, 16 million? Or more?
Every left hand compliment, every possible item taken out of context should bring legal action. Hurt feelings, ya know. And may influence a Democrat's political influence!
Hey Chuckie, you wondered what to do? Do this now.
Be careful CBS, you may get more than you bargained for.

Quanto Magnus

(1,183 posts)
11. Wasn't the original suit for $20 Billion or some such super ridiculous number?
Tue Jul 8, 2025, 11:43 AM
Jul 8

he negotiated down....

LymphocyteLover

(8,410 posts)
18. Yes, it was insane and so deeply corrupt that it made your head spin. Goddamn, I hope he gets some justice some day for
Tue Jul 8, 2025, 03:02 PM
Jul 8

this absolutely corrupt fascist crap!

Diraven

(1,474 posts)
24. It only works if you own the FCC and FTC
Tue Jul 8, 2025, 04:59 PM
Jul 8

Republicans have realized that if you control the federal government you can use every regulatory agency in it for extortion and personal enrichment instead of for helping the public as they were designed, and their voters are fine with that as long as they're extorting industries and people perceived as "liberal".

PSPS

(14,750 posts)
9. Will "Cleared by government censors" be superimposed on CBS programming now?
Tue Jul 8, 2025, 10:22 AM
Jul 8

Back before all the networks' news departments were melded into their entertainment divisions, you would see such a warning on videos provided by places like east germany, burma, etc., when they were played in a newscast.

turbinetree

(26,419 posts)
10. Someone just has to ask this CBS place did the present owners ever read about what fucking a Fascist did in 1939-1945?
Tue Jul 8, 2025, 11:00 AM
Jul 8

Or did they get someone to take the history test on that subject matter................

I can still remember when the Sumner Redstone clan got there mitts on CBS and they were going around offering cable service for 5 dollars in the 70's..............and now they are all in on being bribed by a fucking fascist ...............why not just put a sign out front of your office's saying fuck the free press and first amendment....men and woman died so that you could have the free press...........not based on fucking greed.........

cstanleytech

(27,808 posts)
15. All of the companies executives and employees that pushed and voted to settle should be fired without a parachute.
Tue Jul 8, 2025, 02:18 PM
Jul 8

That's the only way CBS might be able to salvage this.

hunter

(39,718 posts)
19. Their lawyers were geniuses.
Tue Jul 8, 2025, 03:14 PM
Jul 8

They successfully transformed a naked bribe into an ordinary legal settlement.

moonshinegnomie

(3,545 posts)
20. im a huge star trek fan
Tue Jul 8, 2025, 03:31 PM
Jul 8

even though the new season of star trek is coming in a couple weeks im cancelling paramount. Ill just look to "alternative sources" for the show.
time to take the tricorn hat out of storage

BidenRocks

(1,886 posts)
26. I'm a huge Trekker
Tue Jul 8, 2025, 07:17 PM
Jul 8

When it went to streaming, I quit.
I've never seen Picard or the rest as I refuse to be extorted.
I used to come in for the first run of TOS.
Same with NFL and NASCAR on Prime.
They are dead to me!

Did you see Steve Kroft with Jon Stewart last night?
He's retired and provides insight into the Tiffany (?) network.

Wiz Imp

(6,277 posts)
22. Why would HuffPost report a claim by Trump as if it's the gospel truth?
Tue Jul 8, 2025, 04:14 PM
Jul 8

The only source for the whole article is a claim by Trump himself. Why would anyone believe a single word he says?

B.See

(5,975 posts)
25. We watched a Paramount movie last night and the first thing I thought of
Tue Jul 8, 2025, 06:04 PM
Jul 8

when I saw their logo was how they CAVED to Donald Trump.

And from here on, that's what that logo will mean to ME.

BidenRocks

(1,886 posts)
27. It's a lovely studio.
Tue Jul 8, 2025, 07:24 PM
Jul 8

Most employees went to the roofs when the Space Shuttle came back to California for the final time.
We got all three flybys.
Then we were chased off the roof and the access was locked.
I had to call security to get up there to do my job.
Take your time, paid by the hour.

Management was oppressive and a bunch of assholes!
Paying the mob boss is so unbecoming.
May your merger be denied after chump cashes the check!
Serve ya right!

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