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Paramount in Mediation with Trump while California Senate Investigates Settlement Talks

A state inquiry into potential bribery risks complicates Paramount’s mediation over Trump’s $20 billion lawsuit.

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Paramount Global logo is seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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Overview

  • Trump rejected Paramount’s $15 million offer, escalating demands to over $25 million and insisting on a public apology for the alleged deceptive edit of a ‘60 MinutesKamala Harris interview.
  • Paramount Global and Trump’s legal team remain in active mediation over the $20 billion defamation suit filed last fall against CBS News and 60 Minutes.
  • California State Senate committees have launched an oversight probe, calling former CBS News executives to testify on possible violations of state bribery and unfair competition laws.
  • Paramount’s push to finalize its $8 billion merger with Skydance Media hinges on FCC approval from Trump appointee Brendan Carr, intertwining regulatory and legal stakes.
  • Trump’s lawyers have proposed an unconventional settlement that would see CBS run public service ads on veterans’ issues and antisemitism as part of a deal.