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Elizabeth Warren Calls for 'Investigation' Into Paramount's Trump Settlement Amid Pending Merger Approval: 'Looks Like Bribery'

  • Paramount Global agreed late Tuesday to pay $16 million to settle a $20 billion lawsuit filed by President Donald Trump over a 60 Minutes interview before the 2024 election.
  • The settlement followed Paramount's refusal to respond to a congressional inquiry amid concerns that Trump administration approval is needed for Paramount’s $8 billion merger with Skydance.
  • Senators Elizabeth Warren, Bernie Sanders, and Ron Wyden warned the settlement could violate anti-bribery laws and called for a full investigation into potential corruption.
  • Warren remarked that Paramount folding while needing merger approval from the Trump administration 'could be bribery in plain sight,' and FCC commissioner Anna Gomez said this sets a 'dangerous precedent' for press freedom.
  • The settlement raises concerns about political influence over media companies seeking regulatory approval and has prompted calls for legislation to restrict donations to presidential libraries and protect independent journalism.
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Variety broke the news in Los Angeles, United States on Wednesday, July 2, 2025.
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