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Paramount, Skydance see needing to offer concessions to win deal nod, WSJ says

Paramount, Skydance see needing to offer concessions to win deal nod, WSJ says

Paramount (PARA) executives have held internal discussions about settling a lawsuit filed by Donald Trump over a CBS News interview with Vice President Kamala Harris, people familiar with the situation told The Wall Street Journal’s Jessica Toonkel and Drew FitzGerald. Paramount has a major piece of business in front of the new administration in its planned merger with Skydance Media and it has “become clear to executives at both companies that Trump’s dissatisfaction with CBS News will make the review tougher than they anticipated,” said the sources. The sources add that the companies believe they’ll likely need to offer concessions to win approval.

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