Paramount Global's co-CEO, George Cheeks, announced the company's decision to settle a lawsuit from Donald Trump about a 60 Minutes interview with Kamala Harris. The settlement did not involve an apology. Cheeks highlighted that companies typically settle lawsuits to manage legal defense costs, the potential for adverse judgments, and to maintain smooth business operations. Paramount has been seeking a buyout, notably by Skydance Media, but faced challenges after Trump's lawsuit, which accused the company of editing the interview to create a favorable impression of Harris.
Paramount's co-CEO George Cheeks explained that the entertainment giant chose to settle a lawsuit brought by Donald Trump regarding an edited interview with Kamala Harris.
Cheeks stated, "the company has agreed in principle to settle the lawsuit, and as reported, it does not include an apology," emphasizing companies often settle to mitigate risks.
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