Redditsux@lemmy.world to politics @lemmy.world · 19 hours agoTrump Embarrassingly Humbled in $20 Billion ‘60 Minutes’ Warwww.thedailybeast.comexternal-linkmessage-square10linkfedilinkarrow-up168arrow-down15
arrow-up163arrow-down1external-linkTrump Embarrassingly Humbled in $20 Billion ‘60 Minutes’ Warwww.thedailybeast.comRedditsux@lemmy.world to politics @lemmy.world · 19 hours agomessage-square10linkfedilink
minus-squareMimicJar@lemmy.worldlinkfedilinkarrow-up8·15 hours agoIn addition to the cowards reasoning it’s also because Paramount (parent company of CBS) and Skydance Media are trying to merge. That deal is valued at ~8 billion dollars, so settling for a couple million in that context makes sense. Additionally since it’s a merger it requires FCC approval and Trump appointed the FCC chairman and is known to meddle in things. So these companies are trying to play nice with Trump so they can merge. Basically paying $20 to make this go away is the cost of doing business. Corruption all the way.
In addition to the cowards reasoning it’s also because Paramount (parent company of CBS) and Skydance Media are trying to merge.
That deal is valued at ~8 billion dollars, so settling for a couple million in that context makes sense.
Additionally since it’s a merger it requires FCC approval and Trump appointed the FCC chairman and is known to meddle in things.
So these companies are trying to play nice with Trump so they can merge.
Basically paying $20 to make this go away is the cost of doing business. Corruption all the way.