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Stock impact report

CBS hits back at FCC over probe into '60 Minutes' edits [Los Angeles Times (CA)]

Paramount Global - Class A (PARAA) 
the federal government risks becoming “a roving censor” trampling on free speech rights. President Trump was furious over last October's “60 Minutes” interview with then-Vice President Harris in the closing weeks of the campaign. The president and other conservatives chided CBS after it was revealed that “60 Minutes” producers had edited Harris' jumbled response to a question about the Biden administration's handling of the Israel-Hamas war. Trump sued CBS for $20 billion, claiming the edits amounted to election interference. The president has demanded “a lot” of money to settle the case, which many 1st Amendment experts call “frivolous.” The controversy over the “60 Minutes” edits wound up before the FCC last fall when a conservative nonprofit group, the Center for American Rights, filed a news distortion complaint against CBS and its flagship television station, WCBS-TV Channel 2, in New York. “The complaint filed against CBS for ‘news distortion' envisions a less free world Show less Read more
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