As Paramount reaches a $16 million settlement in a dispute over footage from “60 Minutes,” the Paramount-Skydance merger still hangs in the balance.

The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president and mogul Shari Redstone.

Trump's legal team lauded the agreement as a win for media accountability. But experts are concerned for the free press.