More stories

  • in

    Paramount’s Shari Redstone Wants a Resolution on President Trump Lawsuit Ahead of Skydance Merger

    Redstone, who controls Paramount, has been trying to close a merger with the Hollywood studio Skydance. President Trump’s lawsuit against CBS News is complicating matters.Shari Redstone, the controlling shareholder of the entertainment giant Paramount, delivered a crucial message to her board a few weeks ago.For months, Paramount’s lawyers had been jousting with representatives for President Trump, who had sued the company’s CBS News network over its segment on former Vice President Kamala Harris. Mr. Trump accused the network of deceptively editing the interview; CBS said Trump’s lawsuit was without merit.But when the board gathered this month, Ms. Redstone was clear: She was in favor of resolving the issue, two people familiar with the matter told DealBook’s Lauren Hirsch and The New York Times’s Ben Mullin.As Paramount executives weighed the best course of action, Ms. Redstone said she was in favor of moving forward in a way that would lead to some form of conclusion, including mediation.It was the first time that Ms. Redstone made her wishes known to the full board. Many at CBS News and “60 Minutes,” where Ms. Harris’s interview aired, strongly opposed a settlement.Further complicating the matter: The Federal Communications Commission is reviewing Paramount’s pending deal with Skydance. Some executives said that a settlement would smooth the way to closing the merger, even as others worried that a settlement could be interpreted as bribery for the F.C.C. to clear the Skydance deal. Mr. Trump, for his part, told reporters on Wednesday that the two were not linked.National Amusements, Paramount’s parent company, declined to comment, and Paramount has said that its legal battle with Mr. Trump is unrelated to its deal with Skydance.Ms. Redstone’s carefully written statement did not mention Paramount’s deal with Skydance — but it did underscore the fact that a pending multibillion-dollar lawsuit from the president made it difficult for Paramount to do business. She also said that she was removing herself from day-to-day discussions about the lawsuit.This week, The Times reported that Paramount had agreed to bring in a mediator.Any settlement could be perceived as the latest corporate concession to the White House, including Disney’s $15 million settlement in December and Meta’s $25 million settlement last month. The possibility of a settlement, which is likely to further embolden Mr. Trump’s crusade against the media, has been met with a strong backlash within the CBS ranks and outside the company.Though Ms. Redstone didn’t mention the Skydance deal in her remarks, people familiar with her thinking believe she’s focused on closing the deal.Paramount is also navigating the consequences of doing business under a retributive president. Beyond the Skydance deal, Mr. Trump has made clear his willingness to exact revenge when it comes to companies.“Corporations — particularly these days are often in the cross hairs of policymakers — and they have to navigate that,” Jill Fisch, a professor at the University of Pennsylvania Law School, told DealBook. “And that’s not easy.” More

  • in

    In Trump’s Washington, a Moscow-Like Chill Takes Hold

    A new administration’s efforts to pressure the news media, punish political opponents and tame the nation’s tycoons evoke the early days of President Vladimir V. Putin’s reign in Russia.She asked too many questions that the president didn’t like. She reported too much about criticism of his administration. And so, before long, Yelena Tregubova was pushed out of the Kremlin press pool that covered President Vladimir V. Putin of Russia.In the scheme of things, it was a small moment, all but forgotten nearly 25 years later. But it was also a telling one. Mr. Putin did not care for challenges. The rest of the press pool got the message and eventually became what the Kremlin wanted it to be: a collection of compliant reporters who knew to toe the line or else they would pay a price.The decision by President Trump’s team to handpick which news organizations can participate in the White House press pool that questions him in the Oval Office or travels with him on Air Force One is a step in a direction that no modern American president of either party has ever taken. The White House said it was a privilege, not a right, to have such access, and that it wanted to open space for “new media” outlets, including those that just so happen to support Mr. Trump.But after the White House’s decision to bar the venerable Associated Press as punishment for its coverage, the message is clear: Any journalist can be expelled from the pool at any time for any reason. There are worse penalties, as Ms. Tregubova would later discover, but in Moscow, at least, her eviction was an early step down a very slippery slope.The United States is not Russia by any means, and any comparisons risk going too far. Russia barely had any history with democracy then, while American institutions have endured for nearly 250 years. But for those of us who reported there a quarter century ago, Mr. Trump’s Washington is bringing back memories of Mr. Putin’s Moscow in the early days.The news media is being pressured. Lawmakers have been tamed. Career officials deemed disloyal are being fired. Prosecutors named by a president who promised “retribution” are targeting perceived adversaries and dropping cases against allies or others who do his bidding. Billionaire tycoons who once considered themselves masters of the universe are prostrating themselves before him.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Washington Post Opinion Editor Exits as Bezos Steers Pages in New Direction

    Jeff Bezos, the owner of The Post, said that the newspaper’s opinion section would focus on “personal liberties and free markets.”The Washington Post’s opinion editor, David Shipley, is exiting as the newspaper’s owner, Jeff Bezos, steers the section in a libertarian direction.In an email to The Post’s employees on Wednesday, Mr. Bezos said that Mr. Shipley was stepping down amid a narrowing of the opinion section’s focus to defend “personal liberties and free markets.”“I am of America and for America, and proud to be so,” Mr. Bezos said. “Our country did not get here by being typical. And a big part of America’s success has been freedom in the economic realm and everywhere else. Freedom is ethical — it minimizes coercion — and practical; it drives creativity, invention and prosperity.”In his note, Mr. Bezos said that he asked Mr. Shipley whether he wanted to stay at The Post, and Mr. Shipley declined.“I suggested to him that if the answer wasn’t ‘hell yes,’ then it had to be ‘no,’ Mr. Bezos wrote.In a note to opinion staff members, Mr. Shipley said that he decided to step down “after reflection on how I can best move forward in the profession I love.”“I will always be thankful for the opportunity I was given to work alongside a team of opinion journalists whose commitment to strong, innovative, reported commentary inspired me every day,” Mr. Shipley wrote.This is a developing story. Check back for updates. More

  • in

    Trump and Paramount Seek Mediator for CBS News Lawsuit

    The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.Lawyers for Paramount and President Trump have agreed to appoint a mediator in his $20 billion lawsuit against CBS, according to two people with knowledge of the decision.The move to bring in a mediator is another indicator that the two sides are trying to resolve the case, over the editing of a “60 Minutes” interview with Vice President Kamala Harris, out of court. A mediator could help them reach a settlement, but whether they will do so remains far from certain.Paramount declined to comment. Ed Paltzik, a lawyer for Mr. Trump, said in a statement: “President Trump will pursue this vital matter to its just and rightful conclusion.”Mr. Trump sued CBS days before the 2024 election, accusing the company of deceptively editing the interview with his Democratic opponent. He later amended the suit to include Paramount as a separate defendant.Paramount, CBS’s parent company, began settlement talks with Mr. Trump this year. Those talks have created discord at Paramount, with employees at CBS News strongly opposed to any settlement. Bill Owens, the executive producer of “60 Minutes,” told the show’s staff this month that he would not apologize as part of any prospective settlement after The New York Times reported that the settlement talks with Mr. Trump were underway.The lawsuit has complicated Paramount’s merger with Skydance, a deal that would unite an up-and-coming media start-up backed by the tech mogul Larry Ellison with the gilded Hollywood studio behind “The Godfather” and “Rosemary’s Baby.” The multibillion-dollar deal, struck last year, would end the Redstone family’s decades-long run atop Paramount and anoint Mr. Ellison and his son, David, in their stead.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Trump’s Ban on The A.P. Echoes Orwell’s ‘1984’

    President Trump has been battling with The Associated Press over his decree that the body of water between Florida and Mexico be identified as the Gulf of America. This may look like no more than a classic Washington quarrel, long a characteristic of the press and the presidency, that has reached an extreme level over semantics. It’s much bigger than that, and the implications are far-reachingI say that as a former longtime White House reporter. I began my stint there covering Jimmy Carter for The A.P. As its senior White House correspondent during most of Ronald Reagan’s first term, I was in and out of the Oval Office almost daily and regularly traveled aboard Air Force One. Later, as a Los Angeles Times correspondent, I covered the White House during Mr. Reagan’s second term and the presidencies of George H.W. Bush, Bill Clinton and George W. Bush.This far from conventional dispute erupted nearly two weeks ago when an A.P. reporter was barred from an Oval Office event because his news organization had continued to refer to the Gulf of Mexico by its longstanding name. Three days later, a White House official said the administration would bar A.P. reporters from the Oval Office and from Air Force One, though they would retain credentials to the White House complex. Mr. Trump weighed in on Tuesday, saying, “We’re going to keep them out until such time as they agree that it’s the Gulf of America.”Dozens of major news organizations, including The New York Times and the conservative outlets Fox News and Newsmax, called on the White House on Monday to lift its ban on The A.P., to no avail. On Friday, The A.P. sued top White House officials, accusing them of violating the First and Fifth Amendments by denying its reporters access.The attack on the news agency brings into focus the administration’s refusal to respect the First Amendment, with presidential aides and the president himself trying to dictate the very language news reporters may use — just as George Orwell’s fictional dictators did. It is emblematic of the broader assault by the White House on the public’s right to know. In the administration’s opening weeks, Brendan Carr, Mr. Trump’s new chairman of the Federal Communications Commission, has ordered his agency to investigate ABC, CBS, NBC, PBS and NPR. The Defense Department has thrown such mainstream media outlets as The New York Times, NBC News and NPR out of their work spaces in the Pentagon and moved in some conservative outlets.The pressure has begun to take on the outlines of chilling history. Dictators and other authoritarian leaders have long sought to control the critical role the mass media plays in shaping public discourse.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Right-Wing Media Praises U.S.-Russia Talks as ‘Breath of Fresh Air’

    Many of President Trump’s media allies were quick to celebrate this week’s negotiations, a contrast to the deep unease expressed by the foreign policy establishment.News that the Trump administration had agreed with Russia to try to negotiate a peace settlement for Ukraine, without including Ukraine in the talks, was a revelation that many believed reversed years of efforts to isolate Moscow.But prominent voices in the right-wing media world interpreted the development this week as cause for celebration.“Every day has kind of felt like Christmas morning, hasn’t it?” Kari Lake, the former TV news anchor who is poised to run Voice of America, said during a podcast interview on Tuesday. “President Trump wants peace for every nation.”Charlie Kirk, the co-founder of Turning Point USA and podcast host who has more than 4.6 million followers on the social media platform X, praised the discussions as “a breath of fresh air.”And Jack Posobiec, a die-hard Trump loyalist perhaps best known for spreading the infamous “Pizzagate” conspiracy theory, invoked the title of Mr. Trump’s 1987 best-selling book. “Ladies and gentlemen,” he said on his podcast, “it’s the art of the peace deal.”Secretary of State Marco Rubio, seated second from left on Tuesday in Riyadh, Saudi Arabia, was once a champion of Ukraine.Pool photo by Evelyn HocksteinWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Fox Acquires Firm Behind Conservative and True Crime Podcasts

    Tucker Carlson, Nancy Grace, Megyn Kelly and Piers Morgan are among the clients of Red Seat Ventures, which now joins Rupert Murdoch’s empire.The Fox Corporation said on Monday that it had acquired Red Seat Ventures, a growing digital media company that has become a go-to partner for old-media stars like Megyn Kelly, Tucker Carlson and Piers Morgan as they create their own independent online programming.Red Seat and its founding partners, the brothers Chris and Kevin Balfe, will continue to operate independently within Fox’s Tubi Media Group, an arm of Rupert Murdoch’s media empire focused on digital and streaming ventures. A purchase price was not disclosed.The acquisition moves the Fox Corporation into the heart of the online “creator economy,” where media personalities who once relied on old-school corporate distributors — like, say, the cable networks owned by Fox — have struck out on their own to build podcasts and streaming shows that rack up millions of subscribers on platforms like YouTube and SiriusXM.Red Seat’s lengthy client list includes Dr. Phil, Nancy Grace, Bill O’Reilly, the former “To Catch a Predator” host Chris Hansen and the “President’s Daily Brief” podcast. Last month, The New York Post, which is also owned by Mr. Murdoch, retained Red Seat to develop a new daily podcast and audio division for the newspaper.The deal means that Mr. Carlson and Mr. O’Reilly — former Fox News stars who both lost their shows — will once again be tied to the Murdoch universe, albeit at a remove. (The same goes for Ms. Kelly, who rose to fame on Fox News before leaving for NBC in 2017.) Because Red Seat is only a service provider, none of the three will be paid by Fox or report to its executives. In addition, Tubi Media and Fox News are housed in separate divisions of the Fox Corporation.Red Seat, founded a decade ago, has about 80 full-time employees and is based out of a loft space in the NoMad district of Manhattan, a neighborhood popular with tech start-ups. Among its most popular podcasts are those of Mr. Carlson and Ms. Kelly, which routinely rank near the top of Apple’s podcast charts.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Trump and Musk Attack Journalists by Name in Social Media Posts

    Since his inauguration, the president has been quick to demonize what he calls “the fake news media.” On Friday, both men demanded that individuals be fired.President Trump has made clear his animus toward mainstream media organizations. Now he’s getting more personal.Mr. Trump and his key lieutenant, Elon Musk, who has been empowered to run what they call the Department of Government Efficiency as a “special government employee,” have attacked journalists by name in recent days on the social media platforms they own: Truth Social and X.On his Truth Social account on Friday, Mr. Trump called for The Washington Post to fire Eugene Robinson, a Pulitzer Prize-winning columnist, and labeled him “incompetent.” Mr. Trump frequently posts on the account to his millions of followers and regularly condemns perceived enemies.Mr. Robinson had written in an opinion column on Thursday that top Republican senators “should be ashamed of themselves” for not standing up to Mr. Trump during the confirmation process for some of his cabinet picks and for not protesting Mr. Musk’s taking an ax to government departments like the United States Agency for International Development, which administers foreign aid programs. Mr. Robinson also appeared on “Morning Joe” on MSNBC on Friday to discuss his column.“So sad to see him trying to justify the waste, fraud, and corruption at USAID with his pathetic Radical Left SPIN,” Mr. Trump wrote. “He should be fired immediately!!!”In an email, a spokeswoman for The Post said: “Eugene Robinson is a Pulitzer Prize-winning columnist with a 45-year record of integrity, professionalism and scrupulous reporting and commentary. The Washington Post stands behind Gene — just as it stands behind all journalists and news organizations dedicated to independent coverage and a free press.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More