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Paramount Weighs $50M Settlement as Trump Rejects $15M Offer Over '60 Minutes' Suit

Shari Redstone’s board fears exposure to bribery charges during the FCC’s hold on the Skydance merger

Paramount Global logo is seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Image
Shari Redstone attends Paramount Pictures & DreamWorks Pictures host the premiere of "Ghost in the Shell" (Credit: Jared Siskin/Patrick McMullan via Getty Images)
Lexie Moreland/Variety; Scott Olson/Getty Images

Overview

  • Trump’s team refused Paramount’s $15 million offer, demanding more than $25 million and an apology from CBS News.
  • Shari Redstone has signaled willingness to pay up to $50 million to resolve Trump’s $20 billion lawsuit over alleged deceptive editing of the Harris interview.
  • Paramount’s directors are scrutinizing D&O insurance for potential bribery exclusions before agreeing to any payoff.
  • The FCC under Trump appointees is holding up the $8 billion Skydance merger as it probes the ‘60 Minutes’ editing allegations.
  • Finalizing the deal would yield Redstone about $2 billion and incur a $200 million tax bill while raising bipartisan concerns over journalistic integrity.