Media News Daily: Top Stories for 07/02/2025

This page hosts daily news stories about the media, social media, and the journalism industry. Get the latest Hirings and Firings, Media Transactions, Controversies, and more.


Paramount Settles Trump’s Election Interference Suit, Eyes Skydance Merger

Paramount Global has agreed to a $16 million settlement in a lawsuit brought by President Trump over an edited “60 Minutes” interview with Kamala Harris, clearing a potential hurdle for its $8 billion merger with Skydance Media. The company did not admit wrongdoing or offer an apology. The settlement stipulates future release of interview transcripts with presidential candidates, though it directs funds only to cover legal fees and Trump’s future presidential library. Press freedom groups criticized the settlement, and CBS emphasized the lawsuit was unrelated to the merger. Recent departures at CBS News raise questions about editorial independence. Read More (Axios Rating)


Supreme Court Declines to Hear RFK Jr.-Linked Lawsuit Against Meta and PolitiFact

The U.S. Supreme Court declined to review a lawsuit filed by Children’s Health Defense, founded by Robert F. Kennedy Jr., against Meta, PolitiFact, and Science Feedback, effectively ending a multi-year legal battle over alleged censorship of vaccine-related content. The suit accused the organizations of suppressing vaccine safety information. Lower courts dismissed the case, siding with the fact-checkers. PolitiFact and its legal team welcomed the ruling, emphasizing their commitment to providing accurate information. Meta recently ended its U.S. fact-checking program. Read More (PolitiFact Rating)


Trump and Noem Push for CNN Prosecution Over Critical Coverage

President Trump and Homeland Security Secretary Kristi Noem endorsed potential legal action against CNN over its reporting on U.S. strikes in Iran and an app warning of immigration raids. Trump accused CNN of spreading false information, suggesting prosecution was warranted. CNN defended its journalism, noting the app is publicly available and reporting on it is legal. The threats continue Trump’s adversarial stance toward the press, intensifying fears of chilling effects on media coverage. The administration’s broader strategy includes barring outlets from access and targeting public media funding. Read More (Axios Rating)


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