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Ugh, As If! The Bratz Betties Just Went Full-On Clueless in This Totally Major Collector Collab
GlobeNewswire News Room· 2025-07-11 11:07
Core Insights - Bratz® has launched a new line of collector dolls in collaboration with Paramount Consumer Products to celebrate the 30th anniversary of the film Clueless, starting with the Cher doll on July 17, followed by Amber and Dionne dolls [1][4]. Company Overview - Bratz® is a lifestyle and fashion doll brand from MGA Entertainment, known for its commitment to inclusivity and self-expression since its debut in 2001 [5]. - MGA Entertainment is the largest privately held toy and entertainment company in the U.S., creating a wide range of consumer products and entertainment properties [6][7]. Product Details - The Bratz x Clueless Collector dolls will be available globally, priced at $70.00 USD, and will be sold exclusively on Bratz.com [4]. - Each doll features iconic outfits from the film, accessories like a flip phone and a custom driver's permit, and comes in premium packaging [3][6]. Cultural Significance - The collaboration between Bratz and Clueless represents a fusion of two cultural icons, emphasizing themes of fashion and individuality that resonate with fans of both franchises [2][5]. - The release is aimed at fans who grew up with Clueless and have embraced the Bratz brand, highlighting the enduring popularity of both [2][5].
Bureau of Land Management Accelerates Permitting for Paramount's High-Grade Grassy Mountain Gold Project
GlobeNewswire News Room· 2025-07-10 20:00
Core Points - Paramount Gold Nevada Corp. announced that the U.S. Bureau of Land Management (BLM) will publish the draft Environmental Impact Statement (DEIS) for the Grassy Mountain Gold Project in early August 2025, with the final EIS and Record of Decision (ROD) expected in December 2025 [1][2] - The company has received significant support from the BLM in Oregon, facilitating an accelerated pathway for the EIS while maintaining environmental standards [2] - Paramount Gold Nevada Corp. is focused on creating shareholder value through exploration and development of its mineral properties, with strategies including asset sales, joint ventures, and operating its own mines [3] Company Overview - Paramount Gold Nevada Corp. holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak [4] - The Grassy Mountain Gold Project spans approximately 8,200 acres and contains a gold-silver deposit, with a positive Feasibility Study already released [4] - The Sleeper Gold Project includes the former producing Sleeper mine and totals approximately 44,917 acres, while the Bald Peak Project consists of about 2,260 acres [5]
Trump says ‘60 Minutes' lawsuit settlement is more than double the $16M that Paramount claims
New York Post· 2025-07-07 16:13
Core Points - President Trump claims his settlement with Paramount Global is valued at over $32 million, which is more than double the company's stated figure of $16 million [1][3][4] - The settlement includes a side deal for public service announcements (PSAs) valued between $15 million and $20 million, promoting causes supported by Trump [2][15] - Paramount has denied any connection between the settlement and the pending $8 billion merger with Skydance Media, asserting that the settlement does not include PSAs [8][4] Company Details - The settlement covers payments for Trump's future presidential library and legal fees, with "60 Minutes" agreeing to release interview transcripts after airing [7][10] - Paramount's initial offer was $15 million, which was later negotiated down from Trump's original demand of $100 million to around $50 million [11] - High-level negotiations included pressure from Paramount's controlling shareholder, Shari Redstone, to settle the dispute to avoid potential legal costs [13][14]
Paramount Settles Trump Suit For $16M With President's No-Tax Playbook
Forbes· 2025-07-07 13:35
Core Points - Paramount settled with President Trump for $16 million over alleged edits in "60 Minutes" that Trump claimed favored Kamala Harris, leading to media criticism [2] - The settlement funds are intended to cover Trump's legal fees and contribute to his Presidential Library, similar to previous settlements with other media companies [3] - The IRS may view settlement payments for legal fees as taxable income, depending on whether the fees were previously deducted [5][6] Tax Implications - Settling lawsuits with funds directed to charity may not always provide a complete tax solution, as the IRS may treat it as a payment to the plaintiff first [4][7] - Legal settlements are generally taxable based on the origin of the claim, with specific rules and exceptions that can complicate tax obligations [8] - Mental anguish claims, such as those made by Trump regarding the "60 Minutes" edits, do not qualify for tax exclusions under current IRS rules [10] Legal Fees and Taxation - Legal fees can complicate tax situations, as plaintiffs are treated as receiving the full settlement amount for tax purposes, regardless of how much is paid to their attorney [12][13] - Punitive damages and interest from settlements are always taxable, which can affect the overall tax liability of the plaintiff [14]
Why is Paramount paying Trump $16m?
Sky News· 2025-07-03 04:19
Group 1 - The discussion focuses on the progress of Donald Trump's 'Big, Beautiful Bill' in the House [1] - Other topics include the potential for a ceasefire in Gaza and Paramount's financial dealings with the president [1] - There is mention of a setback regarding Trump's immigration policy [1]
Paramount CEO George Cheeks explains why company paid Trump millions to settle '60 Minutes' lawsuit
Fox Business· 2025-07-02 16:05
Core Viewpoint - Paramount Global co-CEO George Cheeks emphasized the necessity of settling President Trump's lawsuit to mitigate unpredictable legal costs, potential adverse judgments, and business disruptions [1][6]. Group 1: Settlement Details - Paramount Global and CBS agreed to a settlement that could exceed $30 million in response to Trump's $20 billion lawsuit regarding a "60 Minutes" interview with Kamala Harris, with Trump receiving $16 million upfront [2]. - The settlement will cover legal fees, case costs, and contributions to Trump's future presidential library or charitable causes, at his discretion [2]. Group 2: Business Justification - Cheeks defended the settlement from a business perspective, stating that litigation often leads to high and unpredictable legal defense costs, risks of adverse judgments, and disruptions to business operations [6]. - He noted that settling allows companies to focus on core objectives rather than being distracted by prolonged legal battles [6]. Group 3: Future Implications - There is speculation about an additional allocation in the mid-eight figures for advertisements or public service announcements supporting conservative causes by CBS in the future, which would surpass the $15 million paid by ABC to Trump for a previous defamation lawsuit [7]. - Current management of Paramount disputes the additional allocation but is preparing for a multi-billion-dollar merger with Skydance Media, which is unrelated to the lawsuit [10].
Paramount settles Trump lawsuit with $16m payout
Sky News· 2025-07-02 12:55
Core Viewpoint - Paramount has agreed to pay $16 million to settle a lawsuit filed by Donald Trump regarding a misleading interview with Kamala Harris, raising concerns about free speech implications [1][4]. Group 1: Lawsuit Details - The lawsuit was centered around a CBS News feature that Trump claimed was misleading due to the editing of Harris's interview [1][2]. - Trump's lawyer stated that the editing caused "mental anguish" and confusion among voters, asserting that it misrepresented Harris's responses [2][4]. - The settlement amount will be directed to Trump's future presidential library rather than to him personally [2]. Group 2: Company Response and Implications - Paramount and CBS rejected Trump's claims, arguing that the interview was edited for brevity and clarity, and sought to have the lawsuit dismissed [2][3]. - The case has attracted attention from press freedom advocates, with the Freedom of the Press Foundation, a Paramount shareholder, threatening to file a lawsuit if a settlement was reached [4][7]. - This settlement follows a similar case where ABC News paid $15 million to Trump over a defamation lawsuit, indicating a trend of media companies settling disputes with the former president [7].
Paramount, Trump in ‘advanced' talks to settle president's $20B ‘60 Minutes' lawsuit: court filing
New York Post· 2025-06-30 20:21
Group 1 - Paramount Global and Donald Trump are in "good faith, advanced, settlement negotiations" regarding a lawsuit filed by Trump against CBS, alleging deceptive editing of a "60 Minutes" interview with Kamala Harris [1] - Trump is seeking $20 billion in damages, while a mediator has proposed a settlement of $20 million [2][6] - CBS, owned by Paramount, has stated that the lawsuit is "completely without merit" and has requested a judge to dismiss the case [2] Group 2 - Paramount Global is seeking approval from the Federal Communications Commission (FCC) for an $8.4 billion merger with Skydance Media [4] - FCC Chair Brendan Carr, appointed by Trump, indicated that the commission is still reviewing the merger transaction [4] - A complaint regarding the "60 Minutes" Harris interview was reinstated by Carr, with CBS urging dismissal of the complaint, asserting no wrongdoing [7]
Spin Master Celebrates 25 Years of Nickelodeon's Iconic Explorer Dora, with an All-New Toy Collection Inspired by the Hit Paramount+ Original Animated Preschool Series
Prnewswire· 2025-06-30 12:45
Company Overview - Spin Master Corp. is a leading global children's entertainment company known for creating exceptional play experiences across toys, entertainment, and digital games [7] - The company has a strong portfolio of award-winning brands including PAW Patrol®, Melissa & Doug®, Bakugan®, and Rubik's® Cube, and is the global toy licensee for other iconic properties [7] - Spin Master engages 70 million active users monthly through its digital games, anchored by Toca Boca® and Piknik™, and operates 29 offices in nearly 20 countries with over 2,500 employees globally [7] Product Launch - Spin Master has launched a new collection of toys in collaboration with Paramount Consumer Products, designed for children ages 3 and up, featuring interactive playsets, musical toys, and dolls that incorporate Spanish vocabulary [1][5] - The collection includes notable products such as the Explore & Play Rainforest Casita, Dance With Me Dora doll, My Adventure Backpack, and Dora's Rainforest Rhythms Microphone, with suggested retail prices ranging from $12.99 to $49.99 [2][3][4][5] - The new DORA toy line aims to inspire curiosity and exploration among preschoolers while encouraging language learning [5] Market Availability - The DORA toy collection became available starting July 1st in the U.S. on Amazon.com, with plans to launch at Target and Walmart later in the summer [5]
Skydance boss David Ellison tells Hollywood pals that Paramount merger will close before end of summer: sources
New York Post· 2025-06-25 22:12
Core Viewpoint - David Ellison, CEO of Skydance Media, expresses optimism about acquiring Paramount from Shari Redstone despite regulatory challenges and a $20 billion lawsuit from Trump against CBS [1][2][6]. Group 1: Acquisition Details - Ellison believes the acquisition will be completed before the end of summer, ahead of the October deadline [2][4]. - The deal is valued at $8 billion, with Redstone set to receive a $2 billion payout upon completion [7][13]. - Ellison's studio has produced successful films like "Top Gun: Maverick" and the latest "Mission: Impossible" sequels, contributing to his confidence [4]. Group 2: Regulatory Challenges - Trump's administration is delaying approval as they investigate potential violations of FCC guidelines by CBS News regarding political bias [5][10]. - The lawsuit filed by Trump claims CBS's "60 Minutes" violated a Texas business law, alleging deceptive editing during an interview with Kamala Harris [6][11]. Group 3: Settlement Discussions - Recent discussions have suggested a potential settlement of $35 million to resolve the lawsuit, significantly lower than the initial $20 billion claim [8][9]. - CBS may also consider running public service ads for causes favored by Trump as part of the settlement [9][16]. Group 4: Financial Backing and Future Outlook - Larry Ellison, with a net worth of $250 billion, is providing financial support for the acquisition, and has a direct line to the White House [14]. - There is speculation that the deal could be approved before the lawsuit is settled, allowing Ellison to address the lawsuit post-acquisition [14][16]. - Legal experts suggest that any bribery allegations would be difficult to prove in court, making a settlement more likely [16].