[ad_1]
Media Advocacy Group’s Freedom Press Foundation Warning letter Paramount Mogul Shari Redstone outlines plans to file a lawsuit if a media company resolves a lawsuit filed by President Donald Trump against CBS, a subsidiary.
“Companies that own news outlets should not do business in resolving unfounded lawsuits that clearly violate the First Amendment,” Seth Seth Stern, the Foundation for Advocacy for Freedom, said in a statement.
Stern issued a warning Friday afternoon by asking for a hold on the lawsuit, demanding that Paramount preserve documents related to a potential Trump transaction and urge the company not to settle it. Nonprofits own shares in Paramount and can seek damages. It plans to act on behalf of itself and other shareholders, claiming that the settlement corresponds to a company executive. The White House and Paramount did not immediately respond to requests for comment.
Last October, President Trump sued Paramount subsidiary CBS Broadcasting and CBS Interactive, claiming it was an interview with former Vice President Kamala Harris, which aired on the long-standing CBS News program. 60 minutes It was apparently edited in a way that constitutes election interference. Initially, Trump revised his February lawsuit to demand $20 billion in damages. Paramount Global’s market capitalization is approximately $8.5 billion.
It’s Paramount I was called before The “First Amendment Humiliation” lawsuit, which was rejected in March this year, reportedly attempted to settle it. The company has a pending potentially advantageous merger with Hollywood Studios Skydance, which requires a Trump administration sign-off.
Last week, sent by Democrat Sens. Elizabeth Warren, Bernie Sanders and Ron Wyden. letter It raises concerns to Redstone for information about a potential settlement that it amounts to bribery. “If Paramount officials make these concessions in Quid Pro arrangements to affect President Trump or other administration officials,” they wrote, “they may be breaking the law.”
Talks about a potential settlement have been rocking CBS for several months. for a long time 60 minutes Executive producer Bill Owens suddenly resigned in April, while CBS News president and CEO Wendy McMahon resigned earlier this month. “The company is revealed and I don’t agree with the path to advance,” she said. I wrote it A note to staff at the time.
Trump’s lawsuit against Paramount is not an isolated attack on the media. He sued ABC News, owned by the Walt Disney Company, for a loss in honor and loss over comments from anchor George Stephanopulos, who portrayed the president as “responsibility for rape” in March 2024. (Federal ju judges determined that President Trump was liable for sexual assault in a civil lawsuit in 2023, but not rape.) I’m calmed down December case. Late April, playing cards Posting comments His social platform on social platforms, which appear to threaten the New York Times with the possibility of future legal action.