CBS News President Wendy McMahon steps down amid supervising by parent company Paramount. Longtime '60 Minutes' producer Bill Owens also resigns due to loss of journalistic independence. CBS faces $20 billion lawsuit from Trump over '60 Minutes' interview with Kamala Harris.
Key Points
Wendy McMahon resigns as CBS News President amid disagreements with company direction.
Bill Owens quits '60 Minutes' due to perceived loss of journalistic independence.
CBS faces $20 billion lawsuit from Trump over alleged deceptive editing in Kamala Harris interview.
Paramount Global in mediation with Trump's legal team to settle lawsuit.
Pros
Parent company Paramount taking supervisory role to ensure content integrity.
Attention brought to potential bias in editing decisions.
Cons
Loss of experienced leadership in Wendy McMahon and Bill Owens.
Legal battle with Trump administration creating uncertainty.