Paramount Global (PARA) announced on Monday that its board has initiated a review and evaluation of strategic alternatives to maximize shareholder value. “As Paramount continues to build on the strong leasing momentum from the first quarter,

CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down. It's the latest twist in a growing battle of wills between the company's news division and Paramount Global controlling shareholder Shari Redstone.

After yet another CBS News figure resigned in apparent protest, Sen. Bernie Sanders (I-Vt.) repeated his calls for Paramount Global’s controlling shareholder, Shari Redstone, not to settle with President Donald Trump over his “bogus” lawsuit concerning a “60 Minutes” segment.

Wendy McMahon has resigned from her position as CBS News CEO. This follows disagreement over the network's future direction. The resignation occurs amidst a lawsuit filed by Donald Trump against CBS.

In a commencement address at Wake Forest University, "60 Minutes" correspondent Scott Pelley took clear digs at President Donald Trump over his lawsuit against CBS News.

Shari has the most to lose,” a source tells VF of the beleaguered figure at the center of the storm. CBS, the president, 60 Minutes, and a handful of billionaires are all involved, and not one of them is happy.