Is Trump the new editor-in-chief for CBS, ABC
By Michael J. Socolow / For The Conversation
It was a surrender widely foreseen. For months, rumors abounded that Paramount would eventually settle the seemingly frivolous lawsuit brought by President Donald Trump concerning editorial decisions in the production of a CBS interview with Democratic presidential nominee Kamala Harris in 2024.
On July 2, those rumors proved true: The settlement between Paramount and Trumps legal team resulted in CBSs parent company agreeing to pay $16 million to the future Donald Trump Library the $16 million included Trumps legal fees in exchange for ending the lawsuit. Despite the opinion of many media law scholars and practicing attorneys who considered the lawsuit meritless, Shari Redstone, the largest shareholder of Paramount, yielded to Trump.
Redstone had been trying to sell Paramount to Skydance Media since July 2024, but the transaction was delayed by issues involving government approval.
Specifically, when the Trump administration assumed power in January 2025, the new Federal Communications Commission had no legal obligation to facilitate, without scrutiny, the transfer of the CBS networks broadcast licenses for its owned-and-operated TV stations to new ownership.
https://www.heraldnet.com/opinion/comment-is-trump-the-new-editor-in-chief-for-cbs-abc/