Paramount Global, CBS and CBS News have declined to comment. He is also the son of Oracle founder Larry Ellison, one of the richest people in the world and a vocal backer of President Trump. Challenges of streaming age convinced previous owner to sellEllison bought Paramount from Shari Redstone, the former controlling owner. Redstone also was eager to settle a lawsuit brought by President Trump last fall over a 60 Minutes interview with then-Vice President Kamala Harris. “Fact-checking in real time is damn hard,” says Tom Bettag, a former top executive at CBS News and ABC News.