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

The CBS late night host breaks his silence on his parent company's deal that was announced during his vacation.

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.

Paramount has agreed to settle President Trump's lawsuit over a "60 Minutes" interview with Kamala Harris for $16 million, the company announced late Tuesday.

Trump had filed a $20 billion defamation suit against Paramount’s CBS subsidiary, alleging that “60 Minutes” deceptively edited an interview with Trump’s opponent that aired in the run-up to the presidential election.

CBS News staffers are outraged by parent company Paramount's decision this week to settle President Donald Trump's lawsuit which they thought was meritless.

Concerns about bribery allegations, angry CBS News staff and a looming high-stakes merger made for tense months-long negotiations.

Journalists and others said the payment will embolden attacks by Trump and his allies on news outlets. Some called the settlement a stain on the proud legacy of CBS News.

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