CBS News chief stepping down as Paramount seeks to settle Trump suit
(Reuters) -Wendy McMahon, president and CEO of Paramount Global's CBS News, will step down from her position, telling staffers that she and the company have differing views on the path forward, according to a memo seen by Reuters on Monday. McMahon, president and CEO of CBS News and Stations and CBS Media Ventures since 2023, said in the memo that the last few months have been challenging. Paramount, chaired by Shari Redstone, is preparing for an $8.4 billion merger with Skydance Media, which will require approval from the U.S. Federal Communications Commission.