Overview

• Paramount delayed a proposed $35 million settlement in President Trump’s lawsuit alleging deceptive edits of Vice President Kamala Harris’s ’60 Minutes’ interview.
• Company leaders are concerned a large payout could be construed as a bribe tied to the Federal Communications Commission’s review of its Skydance Media sale.
• Settlement talks have included offers from $15 million to $35 million while Trump’s legal team has held firm on higher compensation demands.
• The California State Senate opened an inquiry into whether the settlement threatens journalistic integrity and press freedom at CBS News.
• If no deal is reached by October, the merger could be voided and the lawsuit may proceed to discovery, heightening legal and regulatory risks.