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Trump and Paramount Engage in Active Mediation Over $20B CBS Lawsuit

Settlement talks relate to Paramount Global’s pending Skydance Media merger, which needs FCC approval

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Overview

  • Trump’s and Paramount’s legal teams have asked a federal court in Texas to push deadlines to June 30 to allow ongoing mediated settlement talks.
  • Trump’s lawyers have rejected Paramount’s $15 million offer and are seeking at least $25 million plus a public apology from “60 Minutes.”
  • Paramount’s offer and the broader settlement discussions are tied to its pending $8 billion merger with Skydance Media, which requires FCC approval.
  • Legal experts and “60 Minutes” correspondent Scott Pelley warn that a settlement and apology could undermine journalistic integrity and First Amendment protections.
  • Senators Warren, Sanders and Wyden have cautioned that a monetary settlement with the president could amount to an unlawful bribe.