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The report comes just weeks after the merger between movie giant Paramount and independent film studio Skydance Media.
Claiming that state officials “cannot perform their duties,” US President Donald Trump dispatched the National Guard to control Los Angeles' immigration “insurgencies”.
Paramount’s interest in settling has dismayed CBS’s news division. The executive producer of “60 Minutes” abruptly resigned last week.
The studio plans to air the same 60-second trailer on 4,000 TV, radio and digital channels on Monday.
Mr. Bronfman had frantically put a bid together over the last week even as Paramount raised questions about his financing.
His bid to buy Paramount pits one son of a billionaire against the son of another.
Edgar Bronfman Jr. and his bidding group now have until September to sell Paramount on their offer.
The offer by Edgar Bronfman Jr. comes days before a crucial deadline in the scramble to acquire control of Paramount.
Ingrid Ciprian-Matthews, who ascended to the role last year, will be a senior adviser on coverage through the presidential election.
David Ellison is poised to soon run Paramount Pictures, among other entertainment assets. But what does that mean in a fractured cultural landscape?
