Latest news with #Paramount
News18
2 hours ago
- Entertainment
- News18
Brad Pitt Is Open To Working With Tom Cruise, But There Is One Condition
Last Updated: Brad Pitt made it clear that he would not be taking on roles that require him to pull off sky-high stunts. Brad Pitt, who is eyeing the release of his sports-drama F1: The Movie, has opened up on the possibility of sharing the screen space again with Tom Cruise. They were seen together in the 1994 film Interview with the Vampire. In an interview, Pitt said he would love to work with Tom Cruise, but on one condition. Any guesses? No sky-high stunts, please. We get it, Brad Pitt, we get it. In a chat with E! News, Brad Pitt shared, 'I'm not gonna hang my a** off the airplane and s**t like that." Pitt, currently busy with the promotion F1 racing film, talked about his reunion with Cruise. The actor stated he will consider working with Mission: Impossible star 'when he does something again that's on the ground." In the same chat, Pitt went on to talk about some of the unusual habits he developed while working on F1. 'Before getting in the car, I always have to get in on the left side," he said. Pitt added, 'I have to put my left shoe on first, I'd have to put my left glove on first." Talking about Tom Cruise, the actor is well-known for pulling off heart-stopping stunts in his films. In the Mission: Impossible series, he was seen skydiving, flying helicopters, scaling skyscrapers and jumping off a cliff. Earlier, Pitt and Cruise collaborated for the 1994 film, titled Interview with the Vampire. The gothic cult classic saw a rivalry between the two, which even reached the tracks. 'We raced go-karts. He got me in the end. I gotta admit," Pitt recalled. Meanwhile, earlier this year at a Paramount event, Tom Cruise lauded Brad Pitt's driving skills, especially given his upcoming F1 film. F1: The Movie has been directed by Joseph Kosinski. Formula 1 champion and British driver Lewis Hamilton has backed the movie. It will release on June 27. Damson Idris, Javier Bardem and Kerry Condon are also part of the film. First Published:
UPI
17 hours ago
- Business
- UPI
Paramount stalls $35 million '60 Minutes' settlement, slowing merger
June 19 (UPI) -- Paramount has pulled back on a $35 million settlement with President Donald Trump after he sued the media company over a segment on CBS' News' "60 Minutes." The lawsuit alleges that the program edited an interview with Democratic presidential nominee Kamala Harris ahead of the 2024 election to change how she would appear to viewers. The stalled settlement is holding up a potential $8 billion takeover of Paramount by Skydance, a deal that the two companies negotiated over a year ago. Despite the legal wrangling, Trump has said he is encouraged by the proposed merger in its current form, and endorsed the deal proposed by Skydance's David Ellison. "Ellison is great," Trump told reporters on the White House lawn Wednesday. He'll do a great job with it." Trump seemed to have connected the delay in the deal to his Paramount lawsuit. The internal debate over the Trump lawsuit and the way it was being handled prompted CBS News President Wendy McMahon to resign in May, saying in a memo that she and the company could not agree on a path forward. The Paramount-Skydance deal has been pending review by the Federal Communications Commission since last fall.
Globe and Mail
19 hours ago
- Business
- Globe and Mail
'He'll Do a Great Job': Trump Endorses Ellison, Paramount Stock (NASDAQ:PARA) Ticks Up
In what might be some kind of cosmic irony, President Donald Trump—who is currently suing entertainment giant Paramount (PARA) over an interview staged on 60 Minutes—came out in support of Skydance boss David Ellison. Ellison might be taking over Paramount before much longer, assuming the merger of the two actually goes through. But Trump's endorsement proved good enough for investors, who sent shares up fractionally in the closing minutes of Wednesday's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Trump made it clear, declaring David Ellison 'great,' and further noting that 'he'll do a great job.' Given that the merger that would allow Ellison even a chance to do that great job has not yet materialized, currently held up by not only Trump's own lawsuit but also a Federal Communications Commission (FCC) review, it comes across as at least a bit ironic. Interestingly, while being interviewed earlier today and coming out with the notion that Ellison would do well, Trump did not comment on what was actually holding up the works on the merger, whether with his own lawsuit or the FCC's probes. Another Corner Heard From And the opposition to a settlement with the president proved to be a little stronger as of today, as the Committee to Protect Journalists (CPJ) recently came out with its own letter to Shari Redstone, offering up what one report called '…serious concerns about the potential implications of a settlement…' in the lawsuit in question. The Committee's letter, signed by committee chair Jacob Weisberg, noted that the '…lawsuit is without merit,' a point that at least some legal experts agree on. Not all of them do, of course, but when has there ever been a court case that had absolute agreement from every lawyer who looked at it? The letter went on to declare utter innocence for 'the journalists and editors at CBS…' and that there was '…nothing inherently unethical or duplicitous' about their behavior in the matter. The letter also carried stark warnings about presidential administrations allowed to '…interfere with or influence editorial decisions' should the settlement go through, as it looks like it will. Is Paramount Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on PARA stock based on two Buys, eight Holds and five Sells assigned in the past three months, as indicated by the graphic below. After a 18.99% rally in its share price over the past year, the average PARA price target of $12.08 per share implies 0.25% upside potential. See more PARA analyst ratings Disclosure
Daily Mail
20 hours ago
- Business
- Daily Mail
Report: Trump demands more money in Paramount lawsuit
The parent company of CBS News has balked at settling a lawsuit with Donald Trump for $35 million, leading the president to demand even more money, a bombshell report claims. CBS News parent Paramount was hesitant to settle the $20 billion suit - which claimed that a 2024 interview with Kamala Harris on 60 Minutes was deceptively edited - over fears of facing legal backlash for bowing to the president , the New York Post reported . Trump's legal team reportedly rejected a $15 million offer to settle the suit in May. The holdup threatens to upend Paramount heiress Shari Redstone's plans to sell the company. The deal could be voided come October if still not inked by that point. Trump's team 'appeared to be willing to settle for less, but even that amount worries the Paramount people,' one source told the Post. Trump's team continues to deny that his administration's approval of the Skydance deal is not contingent on settling the suit, while Paramount staffers say the deal has yet to be closed because of the ongoing litigation. An insider close to Trump's team told the Post the two sides were not close on a settlement. 'We have a strong case,' the source said. Redstone, 71, has recused herself from the talks, since she could personally benefit. If the deal goes through, she stands to make more than $1 billion as Paramount's primary shareholder, after reportedly offering to pay as much as $50 million to make the suit go away. Paramount - once a preeminent presence in Hollywood and broadcast TV - was worth close to $40 billion just few years ago. A federal judge overseeing the case is expected to grant discovery in the coming weeks if there is no settlement, the Post reported. Former CBS CEO Wendy McMahon and longtime 60 Minutes boss Bill Owens have both left their respective roles in protest of Paramount's willingness to settle. Stipulations set by the president require CBS to also issue a formal apology. Skydance - run by David Ellison, the son of Trump ally Larry Ellison - has named former NBCU chief Jeff Shell as the prospective boss of CBS News if and when the deal goes through. Shell is likely to downsize and address the alleged political biases in the network's news programming since it operates on public airwaves, the Post reported. The Daily Mail has contacted Paramount for comment.
Daily Mail
21 hours ago
- Business
- Daily Mail
Trump's lawsuit against CBS News takes stunning turn as president demands more money
The parent company of CBS News has balked at settling a lawsuit with Donald Trump for $35 million, leading the president to demand even more money, a bombshell report claims. CBS News parent Paramount was hesitant to settle the $20 billion suit - which claimed that a 2024 interview with Kamala Harris on 60 Minutes was deceptively edited - over fears of facing legal backlash for bowing to the president, the New York Post reported. Paramount brass believes any large settlement could be considered a bribe, since the the company's $8 billion merger with Skydance must be approved by the Trump administration. The decision led Trump's team to demand even more money, after a $35 million settlement was 'recently' offered and considered by both sides, the Post reported. The two sides remain in negotiations. Trump's legal team reportedly rejected a $15 million offer to settle the suit in May. The holdup threatens to upend Paramount heiress Shari Redstone's plans to sell the company. The deal could be voided come October if still not inked by that point. CBS News parent Paramount was hesitant to settle the $20 billion suit over fears of facing legal backlash for bowing to the president Trump's team 'appeared to be willing to settle for less, but even that amount worries the Paramount people,' one source told the Post. Trump's team continues to deny that his administration's approval of the Skydance deal is not contingent on settling the suit, while Paramount staffers say the deal has yet to be closed because of the ongoing litigation. An insider close to Trump's team told the Post the two sides were not close on a settlement. 'We have a strong case,' the source said. Several Congressional Democrats have raised the question of bribery in the deal. With midterm elections approaching, Paramount executives reportedly fear that any gains made by Democrats could open the company up to criminal investigation. Redstone, 71, has recused herself from the talks, since she could personally benefit. If the deal goes through, she stands to make more than $1 billion as Paramount's primary shareholder, after reportedly offering to pay as much as $50 million to make the suit go away. Paramount - once a preeminent presence in Hollywood and broadcast TV - was worth close to $40 billion just few years ago. Today, it's worth around $8 billion - less than half the sum Trump is suing for. The lawsuit filed last October accuses CBS, Paramount and 60 Minutes of deceptively editing an interview with then–Democratic presidential nominee Harris just weeks before the election. Trump alleges the footage was manipulated to 'tip the scales' in Harris's favor. CBS has denied the claim, slamming the allegations as coming 'completely without merit.' A federal judge overseeing the case is expected to grant discovery in the coming weeks if there is no settlement, the Post reported. Former CBS CEO Wendy McMahon and longtime 60 Minutes boss Bill Owens have both left their respective roles in protest of Paramount's willingness to settle. Stipulations set by the president require CBS to also issue a formal apology. Skydance - run by David Ellison, the son of Trump ally Larry Ellison - has named former NBCU chief Jeff Shell as the prospective boss of CBS News if and when the deal goes through. Shell is likely to downsize and address the alleged political biases in the network's news programming since it operates on public airwaves, the Post reported.
