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Jeff cohen expressed concern that future CBS News reporting might provoke criticism from President Donald Trump, suggesting a potential for escalating tensions. He attributed this situation to a decades-long trend where both Democratic and Republican administrations have consolidated media and information systems under large corporate entities. Cohen argued that these conglomerates prioritize profit maximization over press freedom or the unimpeded flow of information,leading to what he described as complicity between media owners and the Trump governance.
Amy Goodman then inquired about the importance of the Freedom of the Press Foundation’s intention to file a shareholder lawsuit against Shari Redstone, the head of Paramount and daughter of founder Sumner Redstone, and the Paramount board, concerning a settlement.David Ellison, CEO of Skydance and son of Oracle co-founder Larry Ellison, was also mentioned in relation to this matter.
Cohen anticipated a wave of legal challenges, including shareholder suits, though he admitted he wasn’t optimistic about their outcome. He highlighted that Shari Redstone stands to gain $2 billion upon the expected approval of a merger by the Trump administration.
Cohen elaborated on what he sees as a broader societal issue, pointing to the complicity of “corporate universities” and corporate law firms with the Trump team. He criticized law firms for offering “pro bono” work to trump, explaining that such work is typically reserved for non-profits or individuals unable to afford legal representation.He reiterated his concern about the complicity of media conglomerates with Trump,deeming the situation “very perilous.”
He traced the roots of this problem back several decades, referencing the Telecommunications act. Cohen noted that FAIR (Fairness & Accuracy In Reporting) had been critical of this legislation, which was enacted during the Clinton administration with the support of then-Speaker of the House Newt Gingrich. He stated that the act, drafted with input from media lobbyists, enabled media companies to grow even larger.
With only 15 seconds remaining, Goodman asked Cohen for another prediction, acknowledging his accuracy on the previous point.
Cohen expressed his belief that Jon Stewart might be in trouble and that Jimmy Kimmel, whose employer is Disney, could also face difficulties. He concluded by stating that he believes these comedians’ monologues offer more insight than a month of news consumption from conventional channels.
Amy Goodman thanked Jeff Cohen, identified him as the co-founder of RootsAction.org and FAIR, and concluded the segment.
