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From the New York Times: CBS News faced another shock wave on Monday after its president, Wendy McMahon, abruptly said that she would exit her post, the latest development in an ongoing showdown between the news division and President Trump.
Ms. McMahon, whose full title was president of CBS News and Stations, said in a memo that “it’s become clear the company and I do not agree on the path forward.”
Tensions between Ms. McMahon and CBS’s parent company, Paramount, have simmered for months, a period that Ms. McMahon described in her memo as “challenging.”
Paramount is in talks to settle a $20 billion lawsuit brought by Mr. Trump that accused “60 Minutes” of deceptively editing an interview last year with his Democratic opponent, Kamala Harris. Many legal experts have called the suit baseless, but Paramount’s controlling shareholder, Shari Redstone, has said she favors settling the case. She is seeking the Trump administration’s approval for a multibillion-dollar sale of her company to a Hollywood studio, Skydance.
Last month, Bill Owens, executive producer of the 60 Minutes show, suddenly resigned. When McMahon voiced her support for Owens, Paramount executives were reportedly not pleased.
In a memo to staff on Monday, McMahon wrote that “the past few months have been challenging.”
“It’s become clear that the company and I do not agree on the path forward. It’s time for me to move on and for this organization to move forward with new leadership,” she announced.
More shock waves at CBS News: the division’s president is stepping down after aligning herself with the “60 Minutes” executive producer who quit last month.
Paramount is in talks to settle Trump lawsuit as it seeks federal approval for a sale.
https://t.co/i6U5n3gKDV— Michael M. Grynbaum (@grynbaum) May 19, 2025
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