Trump Backs Out Of Planned '60 Minutes' Interview, Ex-President's Campaign Says CBS Asked For Unprecedented Live Fact Checking
Portfolio Pulse from Benzinga Neuro
Former President Donald Trump has withdrawn from a scheduled appearance on CBS's '60 Minutes' election special, citing unprecedented live fact-checking demands. The special will proceed with Vice President Kamala Harris's interview. This development impacts CBS's parent company, Paramount Global (NASDAQ:PARA).
October 02, 2024 | 12:56 am
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NEUTRAL IMPACT
Paramount Global, the parent company of CBS, may face short-term impacts due to Trump's withdrawal from the '60 Minutes' interview, which was expected to boost viewership.
Trump's withdrawal from the '60 Minutes' interview could affect viewership and advertising revenue for CBS, impacting its parent company, Paramount Global. However, the special will still feature VP Harris, which may mitigate some negative effects.
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IMPORTANCE 70
RELEVANCE 80