Reported about 5 hours ago
As the 2024 election approaches, President Trump has filed a $10 billion lawsuit against CBS, claiming interference in an interview with Kamala Harris, leading CBS's parent company to consider a settlement to avoid merger complications. Analyst Robert Fishman notes that the decline in traditional TV viewership and advertising pressures will likely drive media consolidation, influenced by both market fundamentals and the regulatory environment under the Trump administration.
Source: YAHOO