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On Monday July 7, representatives for the International Brotherhood of Teamsters and its Hollywood Local 399 and the conservative public interest group the Center for American Rights met with staff of the Federal Communications Commission to discuss a deal important to both of them: The Skydance-Paramount merger.

The FCC has to approve the transfer of Paramount’s broadcast licenses to Skydance, and the Commission has spent some 238 days reviewing it. While a settlement between President Trump and Paramount is widely seen as clearing the path toward the deal consummating, the FCC is still expected to demand meaningful concessions in order to approve the transfer, and those talks will heat up in the coming days, as Charlie Gasparino notes.

In fact Monday’s meeting with the Teamsters and Center for American Rights underscored the concession issue, while also taking a tone that recognized that the end is near: “If the FCC approves the Paramount deal,...

Someone’s playing fast and loose with the real numbers, and, for once, it may not be Donald Trump — at least when it comes to Potus’ recent multi-million dollar lawsuit settlement with CBS.

Never one to let anyone else have the last word or reluctant to craft reality to his own connivence, Trump on Wednesday claimed that his arm twisting and threats with the outlet garnered a much bigger reward than the $16 million parent company Paramount Global wants to admit to.

“We did a deal for about $16 million plus $16 million, or maybe more than that in advertising,” Trump told reporters upon Air Force One of the settlement with Paramount Global. “So, it’s a combination of 16 plus 16 plus,” Trump said, per the White House pool report. Trump was traveling back to Washington after giving a rally-like Maga speech at Des Moines’ Iowa State Fairgrounds.

“So, it’s like $32, maybe $35 million,...

Updated: Paramount Global says its settlement with Donald Trump in his lawsuit against CBS News does not include an extra amount for public service announcements airing across Paramount networks.

“Contrary to some news reports or media speculation, Paramount’s settlement with President Trump does not include PSAs or anything related to PSAs,” the company said in a statement Wednesday. “Paramount has no knowledge of any promises or commitments made to President Trump other than those set forth in the settlement proposed by the mediator and accepted by the parties. The material terms of the settlement agreement in principle are those disclosed by us yesterday.”

The settlement, announced at close to midnight Tuesday on the East Coast, clears a path for the media company’s long-delayed merger with Skydance Media. Paramount said the $16 million payment to Trump will go toward his presidential library and legal fees. Fox Business pundit Charlie Gasparino...

Paramount Global is disputing media reports that the company’s $16 million settlement with President Donald Trump over CBS’ Kamala Harris “60 Minutes” interview includes an agreement to run public service announcements on its networks.

An individual close to the settlement negotiations told TheWrap that there’s anticipation there could be an additional “low-to-mid eight figure allocation” in the future that would be set aside for public service announcements and advertisements that support “conservative causes,” putting the total sum closer to $30 million.

Fox Business’ Charlie Gasparino reported that Skydance, who would take over Paramount pending FCC approval of its $8 billion merger, had agreed to run the PSAs.

But Paramount said that, contrary to this reporting, its settlement “does not include PSAs or anything related to PSAs.”

“Paramount has no knowledge of any promises or commitments made to President Trump other than those set forth in the settlement proposed by the mediator and accepted by the parties,...

The Chinese government has denied claims from President Donald Trump and Treasury Secretary Scott Bessent that the two nations are engaged in productive discussions over a potential end to the trade war set off by Trump jacking up tariffs on America’s third-largest trade partner.

On Thursday, the Chinese Ministry of Commerce said that “China and the United States have not held consultations or negotiations on the tariff issue, let alone reached an agreement.”

“Any claims about the progress of China-u.S. economic and trade negotiations are groundless and have no factual basis,...

Donald Trump blew up his tariff agenda on Wednesday, writing in a Truth Social post that he is instituting a “90-day pause” on the bulk of the import taxes he had announced a week earlier. The surprising reversal came as financial markets were tanking, and as the president and his administration insisted that he was never changing his policies — which were going to make Americans rich.

“Be Cool!” Trump wrote Wednesday morning hours before announcing the pause. “This Is A Great Time To Buy!!!” he added in a subsequent post,...

The Federal Housing Finance Authority oversees roughly $7.7 trillion — with a T — in mortgage loans belonging to homeowners across the county. It’s in charge of regulating Fannie Mae and Freddie Mac, the government entities that form the backbone of the U.S. mortgage market — entities that have been under conservatorship since the 2008 housing crisis, but which some figures in Donald Trump’s orbit have publicly advocated for privatizing.

It’s an agency with enormous responsibility. (The housing market, after all, makes up roughly 15 percent of the U.S. economy.) To lead it,...

Liz Claman. (Photo courtesy Fox News Media)

Fox Business Network host Liz Claman was formally inducted into the Cable Hall of Fame at an industry event last week.

The ceremony took place at the Syndeo Institute on April 18, and saw Claman honored with several peer cable executives and stakeholders.

Claman was introduced by former Showtime Chairman and CEO Matt Blank, who now serves as a senior advisor to Raine Group, and former Cox Communications CEO Patt Esser.

Members of Claman’s production staff and executives and colleagues from Fox Business Network were on hand to witness her induction, including “Claman Countdown” executive producer Brad Hirst and senior producer Milanee Kapadia. Fox Business Network Senior Vice President of Programming Ralph Giordano, Vice President Charlie Brady, Cheryl Cassone, Kennedy and Charlie Gasparino.

“I value this award more than you’ll ever know,” Claman said at the event, acknowledging and thanking Fox News Media CEO Suzanne Scott,...

The London-based investment firm Centricus has acquired a majority stake in Sk Global, the production company behind “Crazy Rich Asians.”

Centricus will provide additional capital to accelerate Sk Global’s growth strategy through IP ownership, as well as other acquisitions.

Charlie Corwin will become CEO and oversee the company, including corporate expansion and operations, and John Penotti will become chief creative officer focusing on the global film and TV slates of Sk Global. Sidney Kimmel, founder of Sk Global, will continue in his role as chairman, and Matt Aragachi will continue as CFO.

Terms of the deal were not disclosed, but a source tells TheWrap that the deal was for low-to-mid nine figures.

Also Read:

Imagine Entertainment’s 700 Million Deal With Centricus Hits a Wall (Exclusive)

Earlier this year, Sk Global acquired Critical Content, a production company focused on unscripted television series that has been behind MTV’s “Catfish” and...

The box office is suffering the worst September it has seen in decades. This weekend, Universal’s gay rom-com “Bros” and Paramount’s horror movie “Smile” will continue the slow process of pulling the film industry out of this deep slump — even if neither film is expected to open higher than Warner Bros.’ “Don’t Worry Darling” and Sony’s “The Woman King.”

Like those two current releases, “Bros” and “Smile” are relatively low-budget films that their studios are hoping will turn a decent profit from turnout among a niche audience, with any moviegoers from outside demographics credited to strong word-of-mouth. Both films also have lower production budgets and break-even points than “Darling” and “The Woman King.”

“Smile,” the feature film debut of Parker Finn and has a 17 million production budget, is projected for an opening in the mid-to-high teens from 3,400 locations. “Smile” has gotten some viral buzz from its recent...

Fox Business reporter Charlie Gasparino, who has been in a heated Twitter war for nearly two years with AMC Entertainment investors, just won a major battle.

The former Wall Street Journal and veteran television journalist has been warning the movie theater chain’s executive suite is leading the company into a disaster. AMC’s latest move — a plan announced Monday to flood the market with 425 million new Preferred Equity Units — only bolsters Gasparino’s argument that common shareholders were about to get walloped.

His opponents are the Apes — retail investor fanboys who keep blindly beating their chests that the company’s stock is “going to the moon.” They typically uses a rocket ship emoji to signal that the stock, which closed at 7.67 on Wednesday, can someday maybe reach its all-time high of 77 in June 2021 at the peak of the meme-stock surge. AMC’s shares and APEs now trade for a combined 11. Even combined,...

Fox Business Network’s Neil Cavuto blasted Treasury Secretary Steve Mnuchin for the “condescending” and “dumbass tone” of his comments regarding the news that broke Thursday about a record 3.3 million Americans filing for unemployment benefits as the coronavirus continues to ravage the workforce and economy.

“It’s one thing for economists to sort of take a look at this three and a quarter million Americans filing for jobless claims and call it an anomaly and that this will be maybe the usual pace of events in the next few weeks or months. That might very well be so, but for the Treasury Secretary, in an interview on CNBC, to say earlier that, ‘To be honest with you, I just think that these numbers right now are not relevant, whether they’re bigger or smaller, in the short term…’ Well, Mr. Secretary, they are relevant to those people. Those are three...

Fox Business senior correspondent Charles Gasparino offered his thoughts on the ongoing teacher’s strike in Oklahoma, saying that as purveyors of “an essential service,” the teachers should just be fired en mass if they didn’t like the conditions they signed up for.

“If you don’t want to be a teacher, you know, do something else. Those are the rules of the game. You are working for the government,” he said on set with Fox News host Neil Cavuto Saturday. “Think about how crass that is, you know you’re providing an essential service, you cut a deal already and then you go on strike? They should all be fired.”

“I have a real problem with public sector people who go into a job working for the government, getting benefits from government, you don’t have to work during the summers, you get a nice pension. I have a problem with them just going on strike,” Gasparino added.

Also Read: Laura Ingraham Vacation Follows Familiar Fox News Playbook: 'Don't Poke the Tiger'

The comments are par for the course for Fox News, taking a reliably anti-union line. Gasparino is well-known as one of the channel’s more colorful characters and for his pugnacious online persona. On Twitter, has blocked critics who could not prove that they didn’t live in their mom’s basement.

Teachers in the Sooner State have been on strike since early last week, while they agitate for across-the-board pay increases. The demands include $3.3 billion over the next three years, which would be used for salary increases, school funding and additional benefits. A union leader told NBC that the strike would likely continue into next week and that measures so far proposed by the state were insufficient.

Read original story Fox Business Senior Correspondent: Teachers Who Go on Strike ‘Should All Be Fired’ (Video) At TheWrap...

According to Fox Business' Charlie Gasparino, Priebus’ future may be decided very soon and it may not be good for the chief of staff. Or, it may be great for him depending on how you look at it.

Fox Business host Charlie Gasparino said on his Monday show that he expects regulators under the Trump administration to approve the proposed merger of At&T and Time Warner, even as he repeatedly bashed the deal as a candidate on the campaign trail. “Here’s what we’re getting from the market as bankers working from the deal are reading the tea leaves — that there is increasing market optimism that a deal that Donald Trump said he was against on the campaign trail, he will actually approve it going forward,” Gasparino said. “They point to the free market people that are likely to.

Fox Business host Charles Gasparino says his inauguration night included watching Kellyanne Conway punch someone and saving Scott Baio from “anarchist thugs.” Gasparino took to Facebook to detail his evening: “Inside the ball we see a fight between two guys in tuxes and then suddenly out of nowhere came Trump adviser Kellyanne Conway who began throwing some mean punches at one of the guys. Whole thing lasted a few mins no one was hurt except maybe the dude she smacked.” He added: “Now I know why Trump hired her.” Also Read: Kellyanne Conway Says Trump 'Rarely Draws First Blood'...

Tribune Publishing and Gannett Co. continue to battle publicly over Gannett’s attempt at a hostile takeover of its rival newspaper giant. Some commentators, including Fox Business Network senior correspondent Charlie Gasparino, have called a takeover inevitable though the impact would be slight given the dying nature of print media. “The industry is done,” Gasparino told TheWrap. “We’re sticking a fork in it right now. It’s over.” Gannett recently upped its unsolicited offer to purchase Tribune, which has assets that include the Los Angeles Times, Chicago Tribune and Baltimore Sun. It is now offering $864 million, or $15 per share,...

SiriusXM radio has inked a deal allowing it to carry Fox News Channel through 2019. The pact also adds Fox Business Network to the satellite provider's lineup beginning Oct. 18. The new and expanded arrangement also allows SiriusXM to stream the two Fox channels, as well as the Fox News Talk radio shows, over the Internet. Fox News Talk includes personalities such as Tom Sullivan, Brian Kilmeade, John Gibson and Alan Colmes. Fox Business' hosts include Lou Dobbs, Liz Claman, Charlie Gasparino and Neil Cavuto, among others. Photos: THR's 35 Most Powerful People in Media 2013 "This is good for

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On Fox Business Network and Fox News Channel, senior correspondent Charles Gasparino is always on the hunt for the next big scoop at the intersection of finance, business and politics.

But when he's not on such shows as Fbn's "Countdown to the Closing Bell" or Fnc's "Cashin' In," the Bronx native can often be found in his kitchen, whipping up recipes that reflect his Neapolitan Italian heritage.

"I cook a lot," he says. "I used to work in a restaurant when I was young. My dad was a bartender at this Italian restaurant in town, and he got me a job washing dishes. I must have been in the 11th grade. And I've been cooking ever since.

"When you wash dishes, you do all the prep work for the chef. That's why a lot of these dishwashers become chefs."

Gasparino says he makes a great lasagna - which is what...

Fox Business News and Fox News Channel senior correspondent Charlie Gasparino has reupped his contract with Fox Business Networks in a multi-year deal, it was announced today. Gasparino has reported on Wall Street and financial matters for the company since joining in February of 2010. “Unlike many other financial news outlets, Fbn doesn’t play the Wall Street apology game, which gives me the freedom to do my job”, he said in a statement. The New York-based Gasparino came to Fbn from CNBC, Newsweek, and the Wall Street Journal.

The Great Muppet Hunt has concluded at Goldman Sachs.

Fox Business correspondent Charlie Gasparino, citing "people close to Goldman," reports that, after an extensive internal investigation of companywide emails, Goldman has concluded that 98 percent of the "Muppet" references were about a Muppet movie.

"Sources at Goldman also say the malicious Muppet use in emails involves name-calling among colleagues," Gasparino said on Fox Business on Wednesday. "Apparently at Goldman they call each other Muppet ... The firm finds no evidence so far to substantiate [Greg] Smith’s claims that people were talking about clients.”

Goldman's Muppet hunt started in late March, according to Reuters, one week after a former Goldman Sachs vice president, Greg Smith, penned an explosive op-ed in The New York Times accusing the firm of fostering a "toxic and destructive" environment and alleging that he had seen "five different managing directors refer to their own clients as 'muppets,' sometimes over internal e-mail.

On Wednesday night's show, Stephen Colbert made the argument that everyone else is afraid to make: cut rich people's taxes all together.

During his popular "The Word" segment, Colbert cited a new poll by "The Hill" which states that 75% of Americans think the wealthy should pay 30% or less in taxes. Using that news as a launching point, Colbert outlined why less taxes for wealthy people means more cash in the hands of the poor, vis a vis tips.

After rolling a clip of Fox News analyst Charlie Gasparino explaining his generous tipping policy, Colbert went on to push for flatlining taxes for the wealthy in order to inspire more tips for bartenders, waitresses and, of course, prostitutes.

Watch the full, absurdly hilarious clip above.

On Wednesday night's show, Stephen Colbert made the argument that everyone else is afraid to make: cut rich people's taxes all together.

During his popular "The Word" segment, Colbert cited a new poll by "The Hill" which states that 75 or less in taxes. Using that news as a launching point, Colbert outlined why less taxes for wealthy people means more cash in the hands of the poor, vis a vis tips.

After rolling a clip of Fox News analyst Charlie Gasparino explaining his generous tipping policy, Colbert went on to push for flatlining taxes for the wealthy in order to inspire more tips for bartenders, waitresses and, of course, prostitutes.

Watch the full, absurdly hilarious clip above.