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3mo ago

Paramount Considers Settlement in Trump's $10 Billion Lawsuit Over CBS '60 Minutes' Segment

The lawsuit, widely deemed frivolous by legal experts, could impact Paramount's merger with Skydance Media as FCC scrutiny intensifies.

The Paramount Global headquarters in New York.
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Kamala Harris (R) shakes hands with Donald Trump (L) during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024.

Overview

  • Paramount Global is reportedly in settlement talks with Donald Trump over his lawsuit alleging deceptive editing in a '60 Minutes' interview with Kamala Harris during the 2024 presidential campaign.
  • The lawsuit, filed under Texas consumer protection laws, has been dismissed by legal experts as meritless and inconsistent with First Amendment protections.
  • Paramount's potential willingness to settle is linked to its desire to secure FCC approval for its multibillion-dollar merger with Skydance Media, which requires the transfer of CBS broadcast licenses.
  • FCC Chairman Brendan Carr, a Trump appointee, has requested full transcripts and footage from the Harris interview, raising concerns about political pressure on media organizations.
  • CBS News staff and First Amendment advocates have expressed outrage over the potential settlement, warning it could set a dangerous precedent for press freedom and journalistic integrity.