Sandra Oh criticized CBS and Paramount during her appearance on 'The Late Show with Stephen Colbert' on July 21 after its cancellation was announced. The network said it was "a financial decision," but the news came days after Colbert criticized Paramount for its $16 million settlement with President Donald Trump.

Attorneys for Donald Trump and Paramount Global officially gave notice Tuesday that the president’s litigation against CBS is over. The parties’ joint stipulation of dismissal with prejudice, filed in a Texas federal court,

Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.

President Donald Trump gleefully announced on Tuesday that Paramount had paid its $16 million settlement—while confirming that he expected millions more in a side deal. “BREAKING NEWS! We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes,

David Rhodes, Sky News executive chairman and former CBS News head, is in talks to run CBS News again if the Skydance acquisition of the broadcaster's owner Paramount Global closes, digital news website Puck reported on Friday.

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

US President Donald Trump says CBS and Paramount paid USD 16 million to settle a defamation suit over 60 Minutes, with USD 20 million more in media airtime pending.

Show” star Jimmy Fallon quipped he may be the next late-night host to get canned as he blasted CBS for pulling the plug on Stephen Colbert. “I am your host. Well, at least for tonight,” Fallon said during Monday’s monologue.