July 2 (Reuters) - A Democrat on the Federal
Communications Commission called Paramount's $16
million settlement to resolve a lawsuit filed by U.S. President
Donald Trump over a CBS News' 60 Minutes interview broadcast
with rival Kamala Harris "a desperate move" to secure approval
of a merger.
Paramount needs approval from the FCC for an $8.4-billion merger
with Skydance Media. FCC Commissioner Anna Gomez said the
settlement over an entirely "meritless" lawsuit "now casts a
long shadow over the integrity of the transaction pending before
the FCC" and "marks a dangerous precedent for the First
Amendment."