Resignation of Wendy McMahon from CBS News
Wendy McMahon, the president of CBS News and Stations, was forced out of her post amid tensions with Paramount. The situation involves a $20 billion lawsuit brought by President Trump against '60 Minutes' and discussions of a multibillion-dollar sale of Paramount to a Hollywood studio.
Key Points
- Wendy McMahon forced out of her post as president of CBS News and Stations
- Tensions between McMahon and Paramount simmered for months
- Paramount in talks to settle $20 billion lawsuit brought by Trump against '60 Minutes'
- Executive producer of '60 Minutes,' Bill Owens, resigned last month
- Paramount's controlling shareholder seeking approval for sale to a Hollywood studio