Bill O'Reilly: Trump Wouldn't Approve Paramount Sale ‘Unless CBS Capitulated,' Thinks Network Would Win in Court
'So the settlement, uh, from CBS is interesting,' the 'No Spin News' host said Monday. 'Trump [was] never going to approve that unless CBS capitulated — which they did. … But the bigger picture is what's important.'
More from TheWrap
Bill O'Reilly: Trump Wouldn't Approve Paramount Sale 'Unless CBS Capitulated,' Thinks Network Would Win in Court | Video
ABC Revamps 'GMA3' Lineup as Anchors DeMarco Morgan, Eva Pilgrim Exit
CBS News Legend Lowell Bergman Explains Why Paramount's Trump Settlement Is 'A Lot Worse' Than His Big Tobacco Case
Trump Media Launches TV Streaming Platform Truth+ in Partnership With Newsmax
The July 1 settlement includes 'plaintiffs' fees and costs' as well as a donation to a future presidential library; Trump will not personally receive any money. Paramount also said that 'in the future, 60 Minutes will release transcripts of interviews with eligible U.S. presidential candidates after such interviews have aired.'
'This is all about '60 Minutes,'' the former CBS employee and Fox News host said. '[They] wanted Kamala Harris to win the election. There's no doubt about it. You just go back and look at the transcripts as I have, and it's all about promoting Kamala and diminishing Trump.'
Trump claimed CBS interfered with the election and damaged his own companies when it aired a promo that was different from an answer Harris gave to correspondent Bill Whitaker. While O'Reilly believes Trump had a point, he didn't think the president would have won.
'I don't think that CBS would have lost that case in court,' O'Reilly said. 'There is a difference, but is it egregious? So Trump sued them for billions of dollars.'
O'Reilly said he knows the corporate media has gone far left – 'I know … I don't think that, it's not an opinion' – and played a clip from the October 8, 2024 interview to prove his point.
'Whitaker should have gone bang — 'Give me one solution you've offered in the first year of the Biden administration.' Give me one' … Because she always falls back on, 'Oh, Trump killed the immigration bill that Charles Schumer ginned up early this year.' … [Whitaker] booted it because he didn't anticipate the boldness of the lie — that what she just said, 'From day one, literally, we have been offering solutions,' is about the biggest falsehood I have heard from any politician in the last decade.'
O'Reilly said Trump proved as much when he shut down the border and 'stopped the illegal immigration asylum madness in two months.'
'Whitaker was soft on her,' O'Reilly added. 'This is not an interview. It's not the way it's done. You've been watching me for almost 30 years. You know how an interview on television should be done. This is gibberish.'
Paramount Global has agreed to merge with Skydance Media in a complex $8 billion deal. If approved, the deal is expected to close by fall 2025.
The post Bill O'Reilly: Trump Wouldn't Approve Paramount Sale 'Unless CBS Capitulated,' Thinks Network Would Win in Court | Video appeared first on TheWrap.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Warren Buffett's stock still struggling since May peak
Warren Buffett's stock still struggling since May peak originally appeared on TheStreet. There's a reason why shares of Warren Buffett's Berkshire Hathaway () and () have fallen more than 12% since early May. Some of its businesses aren't performing as well as in prior years. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰 The company saw operating profit drop to $11.16 billion, a 3.8% decline from a year earlier, in part because of declines in underwriting earnings in its insurance operations, according to its second-quarter earnings report released Saturday. Plus, it wrote down the value of its investment in Kraft Heinz () , the food giant Berkshire helped put together. Kraft Heinz shares have lost two third of their value since 2017. The pre-tax write-down came to about $5 billion. It still owns 27.4% of the company. Until this spring, Berkshire controlled two of the 12 seats on the Kraft Heinz board. It has given up both seats. The write-down was a rare disappointment for Buffett and Berkshire Hathaway, although analysts believe it was long shares struggle since spring Berkshire's Class A shares closed Friday at $711,480, down $8,370 on the day. The Class B shares ended at $472.84, up 96 cents. Berkshire shares hit intraday peaks of $812,855 and $542.07, respectively, on May 2, the day before the company's annual meeting when Buffett said he would retire as CEO on Dec. 31. The closes for the stock classes translated into year-to-date-gains of 18.5%. The shares then fell through May, June and July. One reason for the declines was the uncertainty created by the announcement. Buffett was a known quantity for Wall Street. Greg Abel, who will succeed the Oracle of Omaha as CEO, is less known. Perhaps as important, the big technology rebound that started in April probably drew money away from less glamorous opportunities. Like Palantir () , Facebook parent Meta Platforms () , Microsoft () and, of course, Nvidia () . Here is how the Berkshire B shares have behaved compared with the S&P 500 over the six months. Despite the shares' fallback since May, Berkshire's A shares are up 4.5% in 2025, with the B shares up 4.3%. The S&P 500 is up 6.1% on the year and up 29% from its April low. (We should note Berkshire rose on Friday as some investors saw it as a safe haven.) And the company has real strength. Berkshire ended the second quarter with $344.1 billion in cash and equivalents, about 37% of total assets. The cash position includes nearly $250 billion in short-term Treasury who turns 95 on Aug. 30, took control of Berkshire in 1965. It was then a struggling textile company in 1965. He has been CEO since 1970. Abel, who is Berkshire's vice chairman of non-insurance operations, is also CEO of Berkshire Hathaway Energy, which operates four electric utilities and related subsidiaries. More Warren Buffett: Warren Buffett's Berkshire Hathaway predicts major housing market shift soon Warren Buffett has harsh words for stock market investors Warren Buffett makes worrisome car insurance prediction Former Warren Buffett exec makes bold real estate bet A low-visibility corporate giant Berkshire is a huge conglomerate with about 392,000 employees. Much of its profits come from its insurance businesses. It owns Geico, Allegany and no fewer than 16 other insurance companies. It also owns the Burlington Northern Santa Fe Railroad, a host of electric utilities, Fruit of the Loom, Dairy Queen, Duracell, boot-maker Justin Brands and the Pilot chain of truck stops. Most of its companies run semi-autonomously and have been reliably successful and made Buffett and Berkshire shareholders wealthy. The railroad business is based in the western United States and will face new competitive pressures when — and if — rival Union Pacific Corp. () merges with Norfolk Southern Corp. () . The two sides agreed this past week to merge in a deal valued at about $85 billion. Assuming it closes, the result would be the first coast-to-coast railroad operator in the United States. Many analysts believe BNSF will need to find a merger partner of its own to compete. There, however, just five big railroads. Berkshire still is still a large investor in a host of companies with a fair value of $268 billion. The largest holdings are: American Express () . Apple () . Bank of America () . Coca-Cola () . Chevron Corp. () .Warren Buffett's stock still struggling since May peak first appeared on TheStreet on Aug 3, 2025 This story was originally reported by TheStreet on Aug 3, 2025, where it first appeared. Sign in to access your portfolio


Los Angeles Times
11 minutes ago
- Los Angeles Times
Gifford fire burns 30,000 acres in Los Padres National Forest
The Gifford fire has scorched more than 30,000 acres in less than two days in Los Padres National Forest as firefighters struggle to quell the blaze in the Sierra Madre mountains. Wildland firefighters were continuing to battle the blaze Saturday along Highway 166 in rural Santa Barbara and San Luis Obispo counties, about 20 miles east of Santa Maria, according to the U.S. Forest Service and Cal Fire. But fire crews were faced with challenging conditions such as high temperatures, dry vegetation and rugged terrain. As of Saturday evening, the fire was 5% contained and continuing to chew through the tall, dry grass and chaparral that covers the steep hills and mountains. Evacuation orders and warnings were issued for agricultural lands near the unincorporated community of Garey. Although the fire is on federally managed land, Cal Fire crews joined the response to assist with more ground personnel and firefighting aircraft. Criticized on the social media platform X for the fire's explosive growth, Gov. Gavin Newsom's press office reiterated that the fire was not on state land. 'The #GiffordFire started on Trump's federally managed land in the Los Padres NATIONAL Forest,' read the post. 'While Trump just gutted wildfire funding, @CAL_FIRE is now stepping in to clean up what federal mismanagement helped fuel.' Newsom has criticized President Trump for cutting funding for forest management, including activities such as prescribed burning, a process that reduces the risk of explosive fires by proactively burning vegetation in a controlled environment. As of Saturday evening, a California Interagency Incident Management Team — composed of federal, state and county firefighters from various agencies, including the U.S. Forest Service, U.S. Fish and Wildlife, Bureau of Land Management, Bureau of Indian Affairs, National Park Service, Cal Fire, the state's Office of Emergency Services and county-level fire departments — was tasked with taking command of the incident. The fire was first reported about 2 p.m. Friday near Los Padres National Forest's Gifford trailhead, not far from the perimeter of the recently extinguished Madre fire. According to Cal Fire, the blaze had multiple start points along Highway 166. The cause of the fire remains under investigation.

Wall Street Journal
26 minutes ago
- Wall Street Journal
Trump's ‘Slap in the Face' Puts Neutral Switzerland in Trade-War Crossfire
MEZZOVICO-VIRA, Switzerland—When Nicola Tettamanti looked at his phone Friday morning, his first reaction was disbelief: Overnight, President Trump had slapped Switzerland with close to the highest tariffs of any country in the world. Tettamanti is the chief executive of a 55-year-old precision toolmaking business nestled in this mountain-hugged town. He had planned in the near future to expand further into the U.S. by opening an office in Indiana.