Paramount CEO George Cheeks explains why company paid Trump millions to settle '60 Minutes' lawsuit
Paramount Global co-CEO George Cheeks insisted on Wednesday that his company needed to settle President Donald Trump’s "election interference" lawsuit in order to avoid unpredictable legal costs, the possibility of an adverse judgment, and disruptions to business operations. Paramount Global and CBS agreed on Tuesday to pay a sum that could reach north of 20 billion lawsuit against CBS over its handling of a "60 Minutes" interview last year with then-Vice President Ka ...