60 Minutes isn’t backing down when it comes to reporting on President Donald Trump
being embroiled in a legal battle with the government
Sunday’s (May 4) episode aired a segment focusing on how the Trump administration has targeted law firms who had the nerve to challenge him when he was out of office
President Trump vowed to wield the power of the presidency to go after his perceived enemies,” read the official description for Sunday’s episode
Trump is using executive orders to target some of the biggest law firms in the country that he accuses of ‘weaponizing’ the justice system against him.”
Host Scott Pelley spoke with Marc Elias, a top lawyer who worked for the Hillary Clinton campaign and defeated Trump’s efforts to overthrow the 2020 election results in court
Elias described Trump’s actions as “an assault on the entire legal profession.”
“Donald Trump is the walking embodiment of everything that is wrong with the American political system,” Elias said
when Donald Trump says that I am unethical or that I am undermining his vision of America
He also compared Trump’s executive orders to a mob boss intimidating people in a neighborhood
“The fact is that these law firms are being told
maybe somethin’ really bad will happen to you,'” Elias added
was one of the targets of Trump’s vendetta
accused of “unlawful or unsavory practices” for their connection to investigations into Trump and his allies
Trump’s executive order against Perkins Coie was blocked last week when a federal judge called it “unconstitutional retaliation.”
The scathing 60 Minutes segment comes a week after Pelley told viewers live on air that the show’s longtime producer
chose to depart after Paramount bosses supposedly asked the program to hold off on stories criticizing Trump
This comes as Paramount Global looks to merge with Skydance Media
a deal that reportedly requires the green light from federal regulators under the Trump administration
Paramount began to supervise our content in new ways,” Pelley said at the end of last week’s show
“Bill felt he lost the independence that honest journalism requires… No one here is happy about it
Bill proved one thing—he was the right person to lead 60 Minutes all along.”
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Executives at the embattled media company Paramount decided to delay and significantly alter a Daily Show-branded civic participation initiative
out of fear that the Trump administration could use it as a cudgel in blocking a pending acquisition deal
The company’s social impact team has been working for months on the initiative
called “Take A Seat,” to encourage people across the country to run for local office
Take a Seat is intended to funnel prospective candidates towards organizations that would help them figure out which offices to seek and help them launch campaigns
The entertainment company had partnered with the veterans group New Politics Leadership Academy
and the right-leaning group Women’s Public Leadership Network on the initiative
Paramount significantly curtailed the idea
noting internally that the associations with partisan groups carried too much risk at a moment when Trump and his Federal Communications Commission
which has oversight over the company’s broadcast assets
have been criticizing coverage at another Paramount property
The company set up a website for the initiative
and Take a Seat has not yet been promoted by Paramount or Comedy Central
the channel that broadcasts The Daily Show
“Be the leader you’ve been complaining for!” the copy on the website
“The Daily Show’s InDecision: Take A Seat is our effort to shine a light on local and state offices that you might not even know are out there
and encourage YOU to throw your hat in the ring
If you’re tired of complaining about who’s running things and want other people to complain about how YOU’RE running things
But one person familiar with the plans told Semafor Paramount will launch the initiative later this month with a different nonpartisan partner
a nonprofit that will help prospective candidates see where there are open political positions in their area
While Semafor was told that input from Paramount’s government affairs division shaped the decision
a Paramount official with knowledge said the organization’s government team was not involved in the ultimate decision to end the partnerships
The entertainment company will no longer be working alongside organizations with explicit political affiliations
Paramount finds itself in a nightmarish corporate squeeze
at the mercy of an aggressive administration focused on using government leverage to shift coverage
like WarnerBrothers Discover CEO David Zaslav
assumed that the incoming Trump administration would at least be more open to consolidation than the Biden administration
the Trump team has used its ability to slow or complicate mergers as leverage to get companies to do its bidding
The FCC continues to dangle the possibility that it might not approve a merger between Paramount and the film studio Skydance over a 60 Minutes interview with Kamala Harris that aired during the 2024 campaign
which the commission says was so heavily edited it could constitute “news distortion.” (CBS released the interview in full showing extremely minor editing that did not materially alter Harris’ answer.)
Now Paramount owner Shari Redstone is attempting to placate the administration while maintaining a media organization filled with journalists and entertainment industry creatives who range from skeptical to hostile
The company has made overtures to Trump personally
and has attempted to offer an olive branch to the FCC by proposing to abstain from diversity efforts
Staff at CBS News are furious at Paramount for attempting to negotiate a settlement with Trump
who sued the network over the Harris segment last October
Redstone’s recent attempt to learn about upcoming 60 Minutes segments involving Trump before they air was one of the factors that led to the departure of longtime executive producer Bill Owens
deepening the divide between the CBS newsroom at its parent company
he posted a series of messages calling on the FCC to investigate CBS over additional 60 Minutes segments and threatening legal action against The New York Times over its description of Trump’s regulatory efforts
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Punishment goes to networks that air journalistically responsible pieces that President Trump does not like; law firms that have
represented clients he disagrees with; universities wanting to continue life-saving research but have the audacity to hire highly qualified minorities and immigrants; the list goes on and on
it may lose its merger because of a vindictive president
would have to concede that running a media company in a democracy would be better than under totalitarian rule
To the editor: The spectacle of CBS News crawling to Trump over a totally frivolous lawsuit over its editing of a Kamala Harris interview is nothing short of revolting
Just so Redstone can sell the company to the Ellison family for billions of dollars she doesn’t need
she’s trashing the journalistic integrity of one of the most respected news organizations in broadcasting history and opening a legal precedent that can impact all journalism nationwide
Is this the CBS News that thrilled the nation with Edward R
Murrow’s “This is London” broadcasts in 1940
Is this the CBS News that carried Walter Cronkite’s factual broadcast from Vietnam after the disaster of the Tet Offensive
this is the CBS News that’s being sold to the highest bidder and destroying itself in the process
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and growing concerns that 60 Minutes may find itself sacrificed in some way as well
Entertainment giant Paramount (PARA) may be discovering that politics is one of those things that is funnier when it happens to other people
Paramount is pulling back on plans to release a new politically-themed project
and there are signs that even 60 Minutes may be at risk going forward
Neither development encouraged shareholders
and Paramount shares were down over 1.5% in the closing minutes of Monday’s trading
built around Comedy Central property The Daily Show
a “…civic participation initiative” that was designed to try and get grassroots support for certain candidates in local and state races
Take a Seat exhorted viewers to “be the leader you’ve been complaining for,” and was supported by several different groups with at least a semblance of bipartisan support
But, given the times being what they are, the move was largely quashed at Paramount. Paramount reportedly grew fearful that the Trump Administration might use this attempt to influence state and local elections as a “cudgel” to block the Skydance / Paramount deal
which looks increasingly shaky with each passing day
A website has been set up for the initiative
and the initiative is likely still going to run
60 Minutes is itself still in some hot water
With the deal between Skydance and Paramount still outstanding
and running afoul of regulatory issues thanks to Paramount’s news operations
some are starting to wonder if 60 Minutes et al will have to be curtailed somehow in order to get the government’s approval for the merger
Turning to Wall Street, analysts have a Moderate Sell consensus rating on PARA stock based on two Buys, seven Holds and six Sells assigned in the past three months, as indicated by the graphic below. After a 13.64% loss in its share price over the past year, the average PARA price target of $12.25 per share implies 8.99% upside potential
See more PARA analyst ratings
Disclosure
Disclaimer & DisclosureReport an Issue
Entertainment giant Paramount (PARA) may be discovering that politics is one of those things that is funnier when it happens to other people
But, given the times being what they are, the move was largely quashed at Paramount. Paramount reportedly grew fearful that the Trump Administration might use this attempt to influence state and local elections as a “cudgel” to block the Skydance / Paramount deal
Turning to Wall Street, analysts have a Moderate Sell consensus rating on PARA stock based on two Buys, seven Holds and six Sells assigned in the past three months, as indicated by the graphic below. After a 13.64% loss in its share price over the past year, the average PARA price target of $12.25 per share implies 8.99% upside potential
See more PARA analyst ratings
Disclosure
Disclaimer & DisclosureReport an Issue
Paramount pulls back on a political initiative in the wake of its ongoing troubles with Trump, and growing concerns that 60 Minutes may find itself sacrificed in some way as well.
Reporting by Janaki Venugopalan in Bengaluru; Editing by Sandra Maler
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has been selected for inclusion in the U.S
“We appreciate having Grassy included in the FAST-41 program and look forward to continued collaboration with federal and state agencies as we advance to final permits.”
FAST-41 covered projects are entitled to comprehensive permitting timetables and transparent
collaborative management of those timetables on the Federal Permitting Dashboard as stated in a press release issued by the White House
based precious metals exploration and development company
Paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering joint ventures with producers for construction and operation; or constructing and operating mines for its own account
Paramount holds a 100% interest in three projects: Grassy Mountain; Sleeper and Bald Peak
The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County
Grassy contains a gold-silver deposit (100% located on private land) for which results of a positive Feasibility Study have been released and key permitting milestones accomplished
The Sleeper Gold Project is in Northern Nevada
which includes the former producing Sleeper mine
totals 2,474 unpatented mining claims (approximately 44,917 acres)
The drill ready Bald Peak Project in Nevada consists of approximately 2,260 acres
is company that offers investors an opportunity to participate..
By Peter Kennedy Namib Minerals is set to become a publicly traded company in the U.S.,..
is a company that offers investors an opportunity into early-stage..
is entering a new growth phase as it moves to..
By Peter Kennedy Lack of available infrastructure has long been a perceived impediment to the development..
By Peter Kennedy The Golden Triangle mining district in northwestern British Columbia ranks among the richest..
Print As CBS owner Paramount Global enters mediation this week to resolve President Trump’s $20-billion “60 Minutes” lawsuit
one question looms: How much should the company pay to settle a dispute that 1st Amendment experts have deemed frivolous
Paramount’s board during an April 18 meeting agreed on parameters for a possible settlement with Trump
according to two people familiar with the discussions who were not authorized to comment
Sources declined to provide the board’s proposed dollar figure or other details of the deliberations
As the mediation was set to kick off Wednesday
the president suggested that CBS would have to pay a hefty price
“The case we have against 60 Minutes, CBS, and Paramount is a true WINNER,” Trump wrote in a post on his Truth Social platform
60 Minutes perpetrated a Giant FRAUD against the American People
Paramount is eager to put the “60 Minutes” controversy behind it so that it can move forward with its sale to David Ellison’s Skydance Media
The knowledgeable people said board members acted to provide clear guidance to lawyers who will be representing them during the mediation process
A Paramount representative declined to comment
The New York Times first reported Paramount’s board of directors had agreed on settlement terms
Trump filed the lawsuit in Texas in October
alleging CBS deceptively edited a “60 Minutes” interview with then-Vice President Kamala Harris in an effort to prop up her election chances
Early this year, the president doubled the amount of damages he was seeking to $20 billion. His updated lawsuit attempted to steer the case away from 1st Amendment issues and instead claim “60 Minutes” was a fraudulent product that harmed viewers in Texas
Trump wrote: “The bottom line is that what 60 Minutes and its corporate owners have committed is one of the most egregious illegalities in Broadcast History.”
Paramount’s controlling shareholder Shari Redstone has pushed for a settlement to facilitate Paramount’s sale to the family headed by billionaire tech mogul Larry Ellison
Redstone’s apparent willingness to appease Trump has sparked sharp protests within the company
the executive producer of “60 Minutes,” resigned
citing additional corporate pressure over coverage
On Sunday, veteran CBS newsman Scott Pelley told “60 Minutes” viewers about Owens’ resignation. Pelley disclosed the show had been facing increased corporate oversight because of Paramount’s desire to win the Trump administration’s approval of the Skydance deal.
Paramount needs the Federal Communications Commission’s approval to transfer its CBS television station licenses to the Ellison family.
“None of our stories has been blocked,” Pelley told viewers at the end of the broadcast. “But Bill felt he lost the independence that honest journalism requires.”
Hollywood Inc.
At the end of Sunday’s program, Scott Pelley noted the executive producer’s exit and cited corporate pressure.
Redstone, who serves as Paramount’s chair, recused herself from discussions about the settlement, the sources said. She has refrained from voting on certain Paramount matters related to the company’s sale due to a conflict of interest. Her family is expecting $1.75 billion as its part of the proceeds from the sale to Skydance.
Paramount, however, could face legal blowback from shareholders if it shells out a huge amount to mollify Trump, sources have said.
Paramount’s lawyers have pushed back against Trump’s arguments, and CBS journalists have maintained they did not distort the Harris interview. The raw footage shows she was quoted accurately, although CBS had edited her response by using her most cogent sentence.
CBS has said the edits were made to pare the then-vice president’s interview to a broadcast length.
Board members are cognizant that a huge settlement could be viewed as something of a payoff to the president to move the Skydance merger over the finish line, knowledgeable sources have said.
The venerable CBS newsmagazine is in an unprecedented bind between a Trump lawsuit and a pending sale of parent company Paramount Global
Trump’s dismay with CBS and “60 Minutes” has continued
He grew angry over two segments that aired in April, stories on the war in Ukraine and Trump’s desire to annex Greenland. Trump wrote on his Truth Social platform that he wanted Brendan Carr, his appointee to head the FCC, to “ impose the maximum fines and punishment” on CBS.
Separately, after a long pause, the FCC reached out to Skydance in the last week to begin the merger review process.
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You may have noticed the term "unprecedented times" has become a very common way to describe life over the last few years
but just because these exact circumstances may feel new 0r shocking
History has a lot to teach us. Trupa Trupa is a rock band from Gdańsk
and their music is greatly informed by their home's history — the Holocaust
World War II and Poland's communist regime
Grzegorz Kwiatkowski is the singer and guitarist for Trupa Trupa
frequent university guest lecturer and currently an artist-in-residence at Yale
why it's so important to keep the memories of that history alive and how remembering the past can help us now
This episode of World Cafe was produced and edited by Miguel Perez
Our senior producer is Kimberly Junod and our engineer is Chris Williams
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Tom Cruise can hang off the sides of flying planes and motorcycle-jump off cliffs for Mission: Impossible
but the franchise’s parent companies can’t seem to merge with the same finesse
and other roadblocks have plagued Paramount Global as it has tried to merge with Skydance Media over the past year
Things may be finally moving forward as Paramount reenters negotiations on two fronts this week — with both the Federal Communications Commission
the final step in their merger for a NüNew Paramount
and today with President Trump over a lawsuit against CBS
But the whole ordeal is still messy and raises uneasy complications for the company and Hollywood at large
for what is being referred to internally as New Paramount
has been waiting to be finalized by a few governmental entities for months now
led by Trump-appointed chairman Brendan Carr
So the Paramount-Skydance merger isn’t necessarily proceeding slower
with two separate issues emerging as sticking points: Paramount’s diversity
and inclusion (DEI) initiatives and a complaint related to a Trump lawsuit against 60 Minutes last year
is probably the lawsuit between Trump and 60 Minutes and the part the FCC plays in it
calling it “regulatory overreach” and saying it sets a precedent that could be “weaponized by future FCCs.”
Paramount began to supervise our content in new ways
but Bill felt he lost the independence that honest journalism requires.”
In a press conference earlier this week, Carr denied that Trump’s 60 Minutes lawsuit would affect the approval of a Paramount-Skydance merger: “The settlement and any discussions around that have nothing to do with the work that we’re doing at the FCC,” he said
which we’re not a part of and there’s been no discussions about; there is the transaction that’s before us; and there is the CBS news distortion [complaint]
running our normal course.” Regardless of Carr’s denial
all of these issues are undeniably entangled
at least from Paramount’s and Skydance’s perspective as they attempt to complete the merger
It’s not too much of a coincidence that amid his pending merger
Ellison would want to rub elbows with the president
“Several ABC News staffers” said this decision from Bob Iger and company sets “a concerning precedent for a media company
and worry that the settlement sends a message that Disney is giving priority to its corporate interests and relationship with the White House over its own journalists.”
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Paramount has already redefined its upfront events
and now it’s looking to redefine how it approaches premium
The company, which ditched its annual Carnegie Hall upfront presentation in 2023, kicked off the latest iteration of its more intimate upfront dinners last week in Chicago
launched on Monday night with a return to Chelsea Factory
“The feedback from last year’s approach was incredibly positive
and we’ll be building on the success of the format with a fresh new experience that deepens our connection with the advertisers we serve,” a Paramount spokesperson said
the company is centering its events around the idea of “Premium Redefined.” According to Paramount
this concept moves the idea of premium “beyond talent and storytelling to include innovation
the company said it’s looking to create a “fully immersive
Chelsea Factory’s exterior will feature a dynamic reinterpretation of Paramount’s classic mountain imagery
marketers will be immersed in an exclusive cocktail space
complete with a sweeping curved LED wall and “cutting-edge 3D volumetric video.”
Paramount’s 2024 upfront dinners also featured several immersive LED screens to showcase the company’s IP
the dinner space has three expansive LED screens to surround attendees with content
the star of the show will be a rotating mainstage designed for reveals
A-list talent appearances from the Paramount portfolio
The company wouldn’t share specifics about participating talent; however
past upfront dinners have included the likes of Stephen Colbert
In an earnings call last August, Paramount announced that sports and broadcast were relatively strong for the company in the 2024 upfront
sports will be further on display with dedicated pre-game sports experiences ahead of the dinners
These experiences will showcase CBS Sports and be tailored for the specific holding companies that are attending on any given night
The events will take place at Water Hazard at Chelsea Piers
spotlighting the company’s premium CBS Sports offerings and featuring appearances by on-air sports talent
its upfront dinners will feature elements of Paramount storytelling
from the set design and visual effects to programming moments and live remarks
“It will be an inside look at the innovation and artistry that define Paramount’s legacy and drive its future,” the spokesperson said
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President has enacted a significant change in the film industry by declaring a 100% tariff on movies produced outside the United States
This move is aimed at combatting the incentives that foreign countries offer filmmakers
which has led to a gradual shift of movie and TV production away from Hollywood over the years due to cost advantages
it remains uncertain whether these tariffs will also affect movies streamed online or if they will only apply to theatrical releases
there is no clarity on whether the tariffs will be based on the costs incurred during production or the revenue generated at the box office
Among the companies that could be impacted by this decision is Paramount (PARA, Financial)
as well as others involved in the motion picture and streaming industries
Based on the consensus recommendation from 25 brokerage firms, Paramount Global's (PARA, Financial) average brokerage recommendation is currently 3.2
For the complete transcript of the earnings call, please refer to the full earnings call transcript
The president also threatened legal action against the New York Times for reporting that his suit is “baseless”
President Donald Trump is calling for Paramount
CBS and “60 Minutes” to “pay a price” for what he claims was deceptive editing of an Oct
7 interview with former vice president Kamala Harris as his $20 billion lawsuit against the media giant heads into mediation this week
comes the same day as Paramount and Trump’s lawyers are set to begin mediation on the suit
which was posted to Truth Social on Wednesday morning
Trump said his case is a “true WINNER,” adding that the company
network and news program “cheated and defrauded the American People at levels never seen before in the Political Arena.”
The complaint takes aim at Harris’ response to a question on whether Israeli Prime Minister Benjamin Netanyahu was listening to the Biden administration
which was different in the final cut that aired on Oct
7 than what aired in an earlier promo on “Face the Nation.”
Trump claimed Wednesday that the “disastrous” answer was “so bad and incompetent that it would have cost her many of the Votes that she ended up getting.” He then falsely claimed that Paramount “removed and deleted Kamala’s entire answer
and replaced it with a response that she gave later on to an entirely different question.”
but it didn’t show Gross Incompetence like the one that was removed by 60 Minutes,” he continued
and the Federal Communications System.”
CBS News has maintained that Trump’s accusations of deceitful editing were false
explaining that the promo that aired on “Face the Nation” used a longer section of Harris’ answer
It also turned over the transcript and camera footage from the interview to the FCC as part of the agency’s investigation into allegations of “news distortion,” which are now publicly available
But that hasn’t stopped Trump from calling for CBS to face the “maximum fines and punishment” over the interview
including potentially losing its broadcast license
Trump then turned his anger to the New York Times
which reported that Paramount’s board outlined acceptable financial terms for a potential settlement
The report noted that legal experts had called Trump’s suit “baseless and an easy victory for CBS.”
they just have a non curable case of TRUMP DERANGEMENT SYNDROME
possibly to the point where the Times’ interjection makes them liable for tortious interference
which we are intently studying,” Trump said
“The bottom line is that what 60 Minutes and its corporate owners have committed is one of the most egregious illegalities in Broadcast History
the illegal creation of an answer for a Presidential Candidate
and the Times should also be on the hook for their likely unlawful behavior
It is vital to hold these Liars and Fraudsters accountable!”
a New York Times spokesperson said Trump’s post “follows a long list of legal threats aimed at discouraging or penalizing independent reporting about the administration
The law is clear and protects a strong free press and favors an informed American public
The New York Times will not be deterred by the administration’s intimidation tactics
We will continue to pursue the facts without fear or favor and stand up for journalists’ First Amendment right to ask questions on behalf of the American people.”
A Paramount spokesperson declined to comment on the NYT’s report
Per the Texas federal court hearing Trump’s case
any mediation in the litigation must be completed by Dec
The settlement talks come as Paramount has been looking to smooth relations with the Trump administration as it awaits FCC approval of its pending $8 billion merger with Skydance Media
The Skydance deal is subject to regulatory approval from the agency due to a required transfer of broadcast licenses of Paramount’s 28 owned-and-operated local TV stations
FCC chairman Brendan Carr said that the settlement talks have “nothing to do with the work that we’re doing.” But when asked about Trump’s comments calling for the maximum fines and punishment for CBS
Carr said that no decisions have been made but that “all options remain on the table” and the FCC’s investigation remains ongoing
He did not rule out the possibility for broadcast license revocations as a result of public interest standard violations
“We’re just going to apply the law and the facts and the record and move forward
We are simply focused on the record that’s before us
and we’re going to make our decision based on the agency’s record itself,” Carr said
If the Skydance deal is not closed by July 6
the deadline will be automatically pushed another 90 days to Oct
or if a regulator blocks the merger or one of the parties involved breaches the terms of the agreement
then Skydance and Paramount will have the option of terminating the deal
Exercising that option would leave Paramount on the hook to pay Skydance a $400 million breakup fee.
A potential settlement from Paramount would come after Disney previously paid $15 million to settle a defamation lawsuit Donald Trump brought against ABC News and star anchor George Stephanopoulos
Meta also paid $25 million to settle Trump’s lawsuit about being kicked off Facebook and Instagram after the attack on the Capitol on Jan
CBS owner Paramount is reportedly nearing a settlement with President Donald Trump over his claim that 60 Minutes "deceptively manipulated" a pre-election interview with Kamala Harris
Trump's complaint, filed against Paramount and CBS in a federal court in Texas, seeks at least $20 billion in damages. The lawsuit has been widely described as frivolous
but it appears that Paramount is motivated to settle the case while it seeks the Trump administration's approval for a merger with Skydance
Reports published yesterday by the Los Angeles Times and New York Times say that Paramount is ready to settle
the Paramount board outlined acceptable financial terms for a potential settlement with the president
according to three people with knowledge of the internal discussions," the NYT wrote
but the board's move clears a path for an out-of-court resolution."
The Paramount board "acted to provide clear guidance to lawyers who will be representing them during the mediation process," the Los Angeles Times wrote
With mediation sessions set to begin today
the newspaper said its sources indicate "the company is eager to put the 60 Minutes controversy behind it so that it can move forward with its sale to David Ellison's Skydance Media."
To complete the merger, Paramount needs Federal Communications Commission approval to transfer TV broadcast station licenses to Skydance. The Biden-era FCC dismissed a complaint filed by a conservative group against CBS about the Harris interview, but Chairman Brendan Carr revived that complaint a couple of days after Trump appointed him to lead the commission
Carr is using the FCC's rarely enforced news distortion policy to investigate CBS and has said the probe is a factor in the FCC's review of the Paramount/Skydance merger
While the complaint and merger review are ostensibly separate from Trump's lawsuit against Paramount and CBS
it wouldn't be surprising if a settlement with Trump helps Paramount in both FCC proceedings
"[Paramount] Board members are cognizant that a huge settlement could be viewed as something of a payoff to the president to move the Skydance merger over the finish line, knowledgeable sources have said," the Los Angeles Times wrote. Carr reportedly said this week that "the settlement and any discussions around that have nothing to do with the work that we're doing at the FCC."
Paramount said the "lawsuit is completely separate from
the Skydance transaction and the FCC approval process
We will abide by the legal process to defend our case."
While in court filings Paramount defended CBS's First Amendment rights over editorial content, 60 Minutes Executive Producer Bill Owens resigned last week and alleged that he had lost editorial independence. Owens reportedly told staff in a memo that "over the past months
it has become clear that I would not be allowed to run the show as I have always run it
to make independent decisions based on what was right for 60 Minutes
journalist Scott Pelley of 60 Minutes criticized Paramount in an unusual on-air segment
is trying to complete a merger," Pelley said
but Bill felt he lost the independence that honest journalism requires
Bill proved one thing: He was the right person to lead 60 Minutes all along."
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HAGERSTOWN, MD (April 28, 2025) – Washington County Department of Water Quality will conduct a smoke test on the sanitary sewer system servicing the Paramount Pumping Station on Wednesday
non-toxic smoke will be introduced into the sewer system to help identify potential issues
Residents may observe smoke coming from manholes in the street and rooftop vents of nearby buildings
This is a normal part of the testing process and does not indicate a problem
Smoke will not enter homes unless there is an existing plumbing issue
If you have questions or concerns about the smoke test
please contact the Washington County Department of Water Quality at 240-313-2600
For additional information, please contact Washington County’s Public Relations & Marketing Department at [email protected]
places and unique spaces with creative and artful imagery
Liberal leave is in effect for all non-essential personal on Tuesday
Essential personnel are expected to fulfill their duties as usual
The starting time for today’s Board of County Commissioners meeting will be reevaluated at 9:00 am
Ariel Investments LLC raised its holdings in Paramount Global (NASDAQ:PARA - Free Report) by 3.2% during the 4th quarter
according to the company in its most recent Form 13F filing with the Securities and Exchange Commission
The firm owned 14,663,907 shares of the company's stock after purchasing an additional 460,539 shares during the period
Paramount Global comprises 1.6% of Ariel Investments LLC's holdings
making the stock its 29th largest position
Ariel Investments LLC owned about 2.20% of Paramount Global worth $153,384,000 as of its most recent SEC filing
The business's 50 day moving average price is $11.41 and its 200 day moving average price is $11.02
The company has a debt-to-equity ratio of 0.85
a quick ratio of 1.10 and a current ratio of 1.27
The stock has a market capitalization of $7.62 billion
Paramount Global has a one year low of $9.54 and a one year high of $14.54
Deutsche Bank Aktiengesellschaft lowered Paramount Global from a "buy" rating to a "hold" rating and set a $12.00 price target on the stock
UBS Group dropped their target price on shares of Paramount Global from $11.00 to $10.00 and set a "sell" rating for the company in a report on Tuesday
Benchmark reiterated a "buy" rating and issued a $19.00 target price on shares of Paramount Global in a research report on Thursday
Needham & Company LLC restated a "hold" rating on shares of Paramount Global in a research report on Thursday
Guggenheim reiterated a "buy" rating and issued a $14.00 price objective on shares of Paramount Global in a report on Thursday
Seven research analysts have rated the stock with a sell rating
six have assigned a hold rating and two have given a buy rating to the stock
the company currently has an average rating of "Hold" and a consensus target price of $11.92
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On his new show “The Rehearsal,” the Jewish comedian reveals the fate of his Summit Ice apparel brand
He’s known for a prankish public persona laced with several layers of irony
But Jewish comedian Nathan Fielder has always insisted he’s sincere about supporting Holocaust education
On a 2015 episode of his reality show “Nathan For You,” Fielder launched Summit Ice, a nonprofit winter apparel brand that incorporated Holocaust education into its marketing. “It’s a cool jacket. But 6 million Jews did die, and that number is important,” Fielder said while promoting the brand on Conan O’Brien’s talk show that year
He has devoted all of its proceeds to Holocaust education and fighting bigotry
Fielder has kept the line active ever since with pop-up stores and new products
claiming it has raised millions for Holocaust education and recently referring to it as “my proudest achievement.”
he revealed that this mission had hit a stumbling block since the outbreak of the Israel-Hamas war
when Paramount Plus pulled the 2015 episode from its streaming service
Fielder said the episode was first removed in Germany
a decision was made by Paramount Plus Germany to remove the episode in their region after they became uncomfortable with what they called ‘anything that touches on antisemitism in the aftermath of the Israel/Hamas attacks,’” Fielder said on a new episode of his latest show
HBO’s comedic docuseries “The Rehearsal.” Germany also has strict laws around speech incorporating Nazi and Holocaust imagery
In emailed correspondence with Paramount executives
“the network confirmed in their response that it was taken down intentionally and gave me a one-word explanation as to why: ‘Sensitivities.’” On the show
he displayed snippets of what he said were the actual emails alongside staged reenactments of an actor playing Fielder receiving the news
While “The Rehearsal” is intended as a comedy
Fielder’s allegations probe at a deeper layer of anxiety that many Jews have shared both before and since Oct
2023: the difficulties of educating the public about antisemitism and the Holocaust
He also depicts the streaming service as Nazis
complete with a WWII-esque map of their decision spreading throughout the world
and a staged recreation of their regional “office” to look like Nazi headquarters
with armed guards wearing armbands depicting the streaming service’s blue logo
“This act by Germany triggered the attention of other European Paramount branches
and they in turn pulled the episode too,” he says in the “Rehearsal” episode
the ideology of Paramount Plus Germany had spread to the entire globe
eliminating all Jewish content that made them uncomfortable
A spokesperson for Paramount Plus confirmed to the Jewish Telegraphic Agency that the “Nathan For You” episode had been pulled from their service “following a standards review,” but would not elaborate
is still available to stream on Max; a spokesperson for Warner Brothers Discovery
A commercial for a (possibly ironic) rebranding campaign for Summit Ice
Jewish comedian Nathan Fielder’s outdoor apparel line founded to incorporate Holocaust education
Summit Ice also did not immediately return requests for comment
But the clothing line — which Fielder develops in the 2015 “Nathan For You” episode after consulting with a rabbi — announced a “New Era” rebrand of sorts in conjunction with the “Rehearsal” episode
was laced with what are likely heavy doses of irony
our sales plummeted by nearly 90% and we couldn’t figure out why,” reads an updated “About Us” page on the brand’s website
only one answer made sense: consumers had suddenly become more savvy about the quality of softshell jackets
we believe the best way to achieve our goal of raising awareness is by shifting our primary brand focus from genocide to craftsmanship.”
The site adds: “The practice of putting charity ahead of quality has come to an end.” It concludes by declaring the company will donate fewer of its proceeds to Holocaust awareness going forward
“at least in the short term,” in order to improve the quality of its merchandise
The Summit Ice episode of “Nathan For You” in 2015 includes a segment in which a misguided Fielder launches his brand with swastikas and other explicit Nazi imagery, before pivoting. It also discusses Fielder’s motivation for launching the brand: his discovery that the founder of an outerwear brand he had preferred previously had memorialized a Holocaust denier
Fielder hints that material like this may have retroactively run afoul of Germany’s strict speech laws around depictions of Nazis
which he suggests failed to carve out an exception for Jewish art
“I know you guys probably feel a lot of shame about what you did in the past
and now you’re trying to compensate by being the world leaders in fighting antisemitism,” Fielder tells an actor playing a Nazi-like Paramount Plus Germany executive
I think you have to know your place and you have to let us Jews express ourselves
Because honestly the way you’re approaching this whole thing
people might get the wrong idea of what you actually stand for.”
For years the largest named beneficiary of Summit Ice had been the Vancouver Holocaust Education Centre, in Fielder’s hometown. The museum did not return JTA requests for comment. Its leadership has expressed its gratitude to the comedian
as a young student at the Jewish day school Vancouver Talmud Torah
he had been moved hearing a Holocaust survivor’s talk presented by the museum
“His commitment is an example of the positive action one can take when faced with Holocaust denial,” the museum’s leaders wrote
also saying Fielder “embodies the lessons of Tikkun Olam
the concept of performing acts of kindness to perfect or repair the world.”
The previous season of “The Rehearsal” also dealt heavily with Judaism; in one episode, Fielder hires a Hebrew tutor for an actor playing his son. As a punchline, the tutor urges a visibly uncomfortable Fielder to use his “platform” to advocate for Israel
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Paramount Global (NASDAQ:PARAA - Get Free Report) is projected to release its earnings data after the market closes on Thursday
Analysts expect Paramount Global to post earnings of $0.39 per share and revenue of $7.14 billion for the quarter
Paramount Global (NASDAQ:PARAA - Get Free Report) last issued its quarterly earnings data on Wednesday
The company reported ($0.11) earnings per share (EPS) for the quarter
missing analysts' consensus estimates of $0.16 by ($0.27)
Paramount Global had a negative net margin of 18.89% and a positive return on equity of 5.81%
The business had revenue of $7.98 billion for the quarter
compared to the consensus estimate of $8.07 billion
analysts expect Paramount Global to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year
Paramount Global stock traded down $0.16 during trading on Monday
The company had a trading volume of 12,219 shares
The firm has a market capitalization of $15.05 billion
a price-to-earnings ratio of -2.73 and a beta of 1.39
a quick ratio of 1.10 and a debt-to-equity ratio of 0.85
The firm's 50-day simple moving average is $22.62 and its 200 day simple moving average is $22.54
Paramount Global has a 52 week low of $16.59 and a 52 week high of $24.50
The company also recently disclosed a quarterly dividend
March 17th were given a dividend of $0.05 per share
The ex-dividend date of this dividend was Monday
This represents a $0.20 annualized dividend and a dividend yield of 0.89%
While Paramount Global currently has a Hold rating among analysts
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We bring brands to life and partner with leading owners of Intellectual Property content to create unforgettable visitor experiences
indoor attractions including brands such as SEA LIFE and Madame Tussauds
a world leader in branded entertainment destinations
has announced a new partnership with Paramount to bring PAW Patrol – the number one pre-school brand in the UK and globally
produced by Spin Master Entertainment – to one of its leading UK theme parks in 2026
The introduction of the famous pups to Chessington World of Adventures Resort through the creation of the UK’s first and only PAW Patrol themed land
will surprise and delight families with young children across the country
This major new collaboration is part of Merlin’s strategy to work with owners of leading intellectual property (IP) to bring these premium brands to life in key locations across the world and comes hot on the heels of its recent global partnership with Minecraft
It also signals the company’s ambition to broaden its offering to families with pre-school children
increasing its appeal with this key demographic
Chessington World of Adventures is the UK’s only attraction to offer a theme park
and is uniquely placed to strengthen its appeal to young families through the addition of this popular pre-school brand
The development at Chessington will include the creation of first-of-its-kind concepts
not only with four PAW Patrol-themed rides
but also guest accommodation and a customised retail offer
immersive PAW Patrol land is being developed through close collaboration between the creatives at Paramount and the innovators in Merlin Magic Making
who together have vast experience in reaching new audiences through bold and captivating concepts
Each and every new Paramount Plus show and movie you should catch this month
Ready for a fresh slate of new shows and movies
The April showers are clearing away for May flowers and fresh content that's new on Paramount Plus
First up is "The Comeback Trail," a darkly comedic story about a desperate film producer who schemes to "accidentally" kill his aging movie star in the middle of production to cash in on an insurance policy
that he might be working on a legit masterpiece of a movie
The middle of the month brings "Beckham & Friends Live," a special talk-centric sports event as the platform's UEFA Champions League coverage
Led by David Beckham with an all-star lineup
it should offer plenty of commentary and coverage starting with the semifinals
music lovers can also look forward to the "American Music Awards," hosted by Jennifer Lopez
the AMAs will move to Memorial Day weekend
troops and veterans and hosting a ton of performances while handing out awards
Here’s everything new on Paramount Plus this month
This Robert De Niro-led comedy follows a desperate film producer named Max Barber who hatches a scheme to "accidentally" kill his aging movie star Duke Montana (Tommy Lee Jones) in the middle of a shoot
hoping to cash in on an insurance policy to pay off his debts
he begins to realize that the movie they're making isn’t just another throwaway project; i's actually a genuine masterpiece in the making
but Montana is keen on his own end-of-life plans
Watch David Beckham and a full lineup of stars in "Beckham & Friends Live", a special live version of Beckham's talk show. As part of CBS Sports' UEFA Champions League coverage
Beckham will headline this broadcast during the semifinals on May 6 and May 7
leading up to the final showdown in Munich on May 31
It'll include plenty of commentary and opinion segments on one of the world’s biggest sporting events
so if you're hyped up for the UEFA Champions League
you can watch it and listen along with Beckham and his high-profile buddies
Celebrate all the biggest names in music with this year's American Music Awards
the AMAs will take place every Memorial Day
there will be special performances honoring the troops
With tons of performances and awards to be handed out
this is an event you'll want to tune into if you're up with all the latest artists and songs out on the charts
PREMIERES & EVENTS5/1: The Comeback Trail premiere 5/6: Beckham & Friends Live premiere 5/8: Criminal Minds: Evolution (Season 18) premiere 5/9: RuPaul's Drag Race All Stars (Season 10) premiere 5/9: RuPaul's Drag Race All Stars: Untucked new episodes 5/12: Hard Truths premiere 5/15: SkyMed (Season 3) premiere 5/16: The Chi (Season 7) premiere 5/23: Couples Therapy (Season 4) new episodes 5/26: American Music Awards hosted by Jennifer Lopez
May 7 PAW Patrol: Aqua Pups special Everybody Still Hates Chris (Season 1)
May 14 Air Disasters (Season 21) First Wives Club (Seasons 1 and 2) The Family Business (Seasons 1-3) Tyler Perry's Sistas (Season 4) Tyler Perry's The Oval (Season 4)
special American Gangster: Trap Queens (Seasons 1 and 2) Tyler Perry's Zatima (Seasons 1 and 2)
5/1: UEFA Europa League Semifinal – Athletic Club vs
Manchester United5/1: UEFA Europa League Semifinal – Tottenham vs
Bodø/Glimt5/1: UEFA Conference League Semifinal – Djurgården vs
Chelsea5/1: UEFA Conference League Semifinal – Real Betis vs
Hellas Verona5/3: AFC Champions League Elite Final5/3: All Dirt Roads Lead to the Word of Outlaws World Finals5/3-5/4: PGA Tour – The CJ Cup Byron Nelson (Third and Final Round Coverage)5/4: Formula E – Monaco E-Prix5/4: NWSL – NJ/NY Gotham FC vs
Open Cup Round of 325/6-5/7: Beckham and Friends Live (UEFA Champions League)5/6: UEFA Champions League Semifinal – Inter Milan vs
Barcelona5/7: UEFA Champions League Semifinal – PSG vs
Arsenal5/8: UEFA Europa League Semifinal Leg 25/8: UEFA Conference League Semifinal Leg 25/8-5/9: EFL Championship Playoff Semifinal Leg 15/9: NWSL – Angel City FC vs
Open Cup Round of 165/21: UEFA Europa League Final5/21: Concacaf W Champions Cup Semifinal – Tigres UANL vs
Portland Thorns5/21: Concacaf W Champions Cup Semifinal – Club América vs
Brittany VincentBrittany Vincent has been covering video games and tech for over 13 years for publications including Tom's Guide
She's also appeared as a panelist at video game conventions like PAX East and PAX West and has coordinated social media for companies like CNET
she's looking for the next great visual novel in the vein of Saya no Uta
You can follow her on Twitter @MolotovCupcake
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Scott Pelley castigated network over independence pending sale to Skydance Media requiring Trump’s approval
A host of CBS’s 60 Minutes flagship news show rebuked the show’s corporate owners on Sunday evening, part of a dispute over journalists’ independence amid a lawsuit from Donald Trump and attempted sale
the broadcast news program has been a destination for investigative journalism and home to America’s most venerated broadcast journalists – including Sunday evening’s host Scott Pelley
However, a rift has grown between journalists on the show and the corporate owners of CBS, Paramount Global, as leaders of the company seek to sell it to Skydance Media, a merger that needs federal approval.
Read more“A note on Bill Owens,” said Pelley in the show’s last minute
describing Owen’s 26-year tenure on the show
If you’ve ever worked hard for a boss because you admired them
then you understand what we’ve enjoyed here,” he said
Owens resigned last week over concerns that Paramount’s supervision of the show was impeding its independence
He oversaw the show for 26 years and was only its third producer since it premiered in 1968
“Stories we’ve pursued for 57 years are often controversial
lately the Israel-Gaza war and the Trump administration,” said Pelly
“Bill made sure they were accurate and fair
Paramount began to supervise our content in news ways,” said Pelly
Bill proved one thing – he was the right person to lead 60 Minutes all along,” he said
The network has said the lawsuit is without merit, but is nevertheless seeking to settle as Paramount pursues the merger with Skydance. The deal with Skydance would include a $2.4bn payout for the family holding of Paramount Global’s chair
chair of the Federal Communications Commission (FCC)
“all options remain on the table” in the agency’s ongoing investigation of the Harris interview
Carr last month rejected a bid from CBS to dismiss the complaint alleging the Harris interview violated the FCC’s “news distortion” rules
Carr added that he has not yet reviewed the complaints and did not give a timeline for making a decision
This article was amended on 28 April 2025 to correct the year 60 Minutes premiered
An earlier version said 1963 instead of 1968.