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Adrienne Roark, CBS News’ president of editorial and newsgathering, is leaving the company for a senior position at Tegna. Her exit comes just seven months after being named president of the operation. Her departure comes at a time when CBS is facing a $20 billion lawsuit from President Trump, who has claimed CBS and “60 Minutes” deceptively edited an interview with Kamala Harris leading up to the 2024 election. Roark’s exit also comes as Paramount Global, the parent company of CBS, and Skydance Media are moving closer towards a planned merger — a deal that was given the green light...

Another day, another half-truth from the mainstream media. This time, CBS’s 60 Minutes wants you to believe Kristina Drye was “fired” from USAID during the agency’s chaotic shutdown. But there’s a problem with that narrative—she wasn’t a USAID employee. Not even close. Drye was a speechwriter working for XLA and Jefferson Partners, firms that provided services for USAID Administrator Samantha Power. When Power resigned, Drye’s contract ended. That’s not a firing. That’s what happens when your boss leaves and the job disappears. But CBS didn’t bother telling you that, did they? The USAID shutdown wasn’t some random event—it was part...

FIRST ON FOX: President Trump scored a victory on Tuesday when a judge deemed CBS and Paramount’s motion to dismiss "moot" as his election interference and news distortion lawsuit moves forward. Trump filed a $10 billion lawsuit against CBS News in October, alleging election interference over its handling of a "60 Minutes" interview, accusing the network of aiding his Democrat rival Vice President Kamala Harris through deceptive editing one month before the election. Last week, Trump’s legal team amended the original lawsuit after the release of the unedited transcript and raw footage of its controversial "60 Minutes" interview. The lawsuit...

President Donald Trump’s lawsuit against CBS News was expanded following the release of the unedited transcript and raw footage of its “60 Minutes” interview with then-Vice President Kamala Harris. According to a late-Friday filing from Trump’s legal team reviewed by Fox News Digital, the lawsuit is adding CBS News’ parent company Paramount Global as a defendant, citing how the “60 Minutes” election special was platformed on its Paramount+ streaming service. Additionally, the lawsuit is adding Rep. Ronny Jackson, R-Texas, as a plaintiff. “Representative Jackson is a consumer of broadcast and digital news media content in this State, District, and Division,...

CBS News staffers are reportedly furious over parent company Paramount Global’s intent to reach a settlement of a $10 billion lawsuit filed by President Trump over a controversial “60 Minutes” interview with former Vice President Kamala Harris. Journalists at the Tiffany Network’s news division are up in arms as Paramount chairwoman Shari Redstone green-lighted talks with the president’s representatives over a payout, the Status newsletter reported on Friday. Then-candidate Trump filed a lawsuit in October in which he accused the long-running investigative program “60 Minutes” of manipulating an interview with Harris in a way that was unfavorable to him. Insiders...

CBS is considering settling a $10 billion lawsuit brought by Trump over its deceptively edited ’60 Minutes’ interview with Kamala Harris. CBS executives are reportedly worried ongoing litigation with President Trump will interfere with a merger with Skydance. “Paramount, owner of CBS, its namesake studio and several cable channels, has a major piece of business in front of the new administration: its planned merger with Skydance Media,” The Wall Street Journal reported. “It’s become clear to executives at both companies that Trump’s dissatisfaction with CBS News will make the review tougher than they anticipated, and that they’ll likely need to...

Following a tumultuous year of layoffs and an ongoing merger, Paramount Television Studios is now shutting down. Today, Paramount Television Studios President Nicole Clemens announced that the division will shut down by the end of the week via a memo sent to employees, according to Deadline. The decision comes just days after Paramount announced that it would lay off 15 percent of its employees in the U.S. "This has been a challenging and transformative time for the entire industry, and sadly, our studio is not immune," she wrote. "Over the past 11 years, PTVS has weathered seemingly insurmountable obstacles through...

Warren Buffett hasn’t found a lot to like in the stock market recently.In each of the last six quarters, Buffett has sold more stocks for Berkshire Hathaway (BRK.A) (BRK.B) than he bought. Last quarter, he sold off a big chunk of his Apple (NASDAQ: AAPL) position and the entirety of his Paramount Global (NASDAQ: PARA) investment. All told, he sold nearly $20 billion worth of stocks from Berkshire’s portfolio, and he bought less than $3 billion.Buffett lamented investment opportunities for Berkshire are few and far between as the company grows bigger. With a market cap of about $877 billion, there...

As Paramount comes off a rocky week in which the company lost its CEO and its exclusive merger talks window with Skydance came to an end without a deal, Berkshire Hathaway CEO Warren Buffett says his company has now sold its entire stake in Paramount. Berkshire Hathaway had previously sold a third of its stock in Paramount during the fourth quarter of last year. "We sold it all, and we lost quite a bit of money, that happens in this business too," Buffett said on Saturday at Berkshire Hathaway's annual meeting in Omaha, Nebraska. He added that he was "100%...

The CBS News boss who signed off on the controversial ouster of Catherine Herridge — a respected Washington correspondent who has been embroiled in a high-profile First Amendment case — is nevertheless being honored with a free speech award next month. CBS News president Ingrid Ciprian-Matthews was selected by Radio Television Digital News Association to be among 13 honorees at the 33rd annual First Amendment Awards at The Watergate Hotel in Washington DC on March 9. The irony was not lost ... “The RTDNA must be tone deaf to give Ingrid Ciprian-Matthews and CBS News an award for the First...

Twenty percent ($929 billion) of the $4.7 trillion of outstanding commercial mortgages held by lenders and investors will mature in 2024, a 28 percent increase from the $729 billion that matured in 2023 ... “The lack of transactions and other activity last year, coupled with built-in extension options and lender and servicer flexibility, has meant that many loans that were set to mature in 2023 have been extended or otherwise modified and will now mature in 2024, 2026, 2028 or in other coming years,” said Jamie Woodwell, Head of Commercial Real Estate Research at MBA. “These extensions and modifications have...

The subscription video-on-demand service's staff was let go, and the app will shutter later in the year.Noggin, Paramount Global‘s subscription video-on-demand service targeted at young kids, is shutting down. The platform is a casualty of a round of layoffs that saw 800 staffers across Paramount lose their jobs. CEO Bob Bakish said the layoffs are part of “streamlining costs” at the conglomerate. Noggin’s entire staff is among the 800 layoffs. The app will stop taking on new subscribers and will shutter sometime later this year, as first reported by trade publication Kidscreen. Noggin features a library of educational games, books...

Several CBS News reporters were caught up in layoffs at Paramount Global that claimed 800 jobs, including one who is embroiled in a high-stakes First Amendment fight — and another who has reportedly weathered HR probes over his workplace behavior, The Post has learned.Catherine Herridge — an award-winning senior correspondent whose First Amendment case is being closely watched by journalists nationwide — was among the hundreds of employees at CBS parent Paramount who got pink slips on Tuesday, sources told The Post.

Paramount Global, the parent company of CBS, is planning to cut hundreds of jobs just days after airing the most-watched Super Bowl in history, according to Tuesday reports. The job cuts will result in a reduction of the company’s workforce by about 3 percent, The Guardian reported, noting staff had been notified on the decision on Tuesday. “To those with whom we are parting ways, we are incredibly grateful for your hard work and dedication,” Bob Bakish, Paramount’s top executive wrote in an internal memo obtained by the outlet. “Your talents have helped us advance our mission of unleashing the...

CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to “operate as a leaner company and spend less.” “Our priority is to drive earnings growth. And we’ll get there by growing our revenue while closely managing costs — a balance that will require every team, division and brand to be aligned,” Bakish said in a memo to employees.

Paramount Global — the parent company off CBS, Paramount Pictures, Showtime, and numerous other media properties — is reportedly set to lay off “hundreds” of employees across nearly all of its divisions. The impending cuts represent the latest Hollywood bloodbath following layoffs at other corporations, including Disney, NBCUniversal, Amazon MGM Studios, and Universal Music Group. Hollywood is feeling the squeeze on multiple fronts. Households continue to cut the cord by the millions while the advertising market is still in the doldrums due to poor consumer sentiment tied to President Joe Biden’s economic policies. Meanwhile, consumers are cutting back on discretionary...

Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger, Axios has learned from multiple sources. Why it matters: The combination would create a news and entertainment behemoth that would likely trigger further industry consolidation. Zaslav also has spoken to Shari Redstone, who owns Paramount's parent company, about a deal. WBD's market value was around $29 billion as of Wednesday, while Paramount's was just over $10 billion, so any merger would not be of equals. Details: The meeting between Zaslav and Bakish, which sources say lasted...

Actor Kelsey Grammer said in a recent interview that he still supports former President Donald Trump. But Paramount, the studio behind his new Frasier reboot, reportedly cut the interview short before the actor could elaborate. Kelsey Grammer was speaking to the BBC Radio 4 about the new Frasier series, which streams on Paramount+. During the interview, BBC Radio 4 host Justin Webb asked Grammer if he was still a Trump supporter. “I am and I’ll let that be the end of it,” the Emmy-winning star replied. Grammer’s comment comes at the very end of the six-minute radio segment.

A New York attorney has filed a bizarre lawsuit accusing Ben Affleck and Matt Damon of stalking and harassing her to use private details of her life in their work by bugging her home. Court documents obtained by DailyMail.com accuse Affleck and Damon of not only bugging the woman’s home but also hacking her devices, leaving her in fear she would be raped or kidnapped. The lawsuit claims that her identity and personal experiences were used to develop SNL skits at the time Affleck was dating a producer Lindsay Shookus, and as well as in films produced by Harvey Weinstein....

Star Trek actor LeVar Burton threatens VIOLENCE against parental rights group Moms for Liberty “Moms for Liberty? No? Good. Then hands will not need to be thrown tonight.” The 66-year-old actor also discussed the group during a recent interview with Esquire, rejoicing that “hardly any candidates backed by Moms for Liberty won their races” during the 2023 election cycle. He added, “These are people who would rather children not know the truth. Those kids will never know what they’re missing, but it’s our job to stand up for them, to be their voices and their advocates. That’s what being an...