Wendy McMahon, President and CEO of CBS News, is stepping down due to disagreements with the company’s direction.
In a memo to staff, McMahon stated that the last few months have been challenging and that it’s clear she and the company don’t see eye-to-eye on the future. “It’s time for me to move on and for this organization to move forward with new leadership,” she wrote.
This decision comes amid a lawsuit filed by Donald Trump against CBS, alleging the network edited an interview with Kamala Harris to favor the Democratic Party in the November election.
Trump initially sought $10 billion in damages, later increasing the claim to $20 billion. CBS denies the allegations, calling the lawsuit completely without merit and seeking its dismissal. The case is currently in mediation.
The departure of McMahon follows that of Bill Owens, executive producer of 60 Minutes, who also cited concerns over editorial independence. Paramount Global, the parent company of CBS, is preparing for an $8.4 billion merger with Skydance Media, pending FCC approval. Notably, Trump previously threatened to revoke CBS’ broadcasting license if elected.
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