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yesterday

Trump and Paramount Pursue Settlement Talks in $20 Billion CBS Lawsuit

A court has granted extra time for settlement talks alongside the FCC’s dual review of Paramount’s Skydance deal, including a probe of the ‘60 Minutes’ editing

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Overview

  • Attorneys for Trump and Paramount Global have asked a Texas federal court to extend deadlines to continue active settlement discussions in the $20 billion lawsuit over the ‘60 Minutes’ interview with Kamala Harris.
  • Paramount offered $15 million to resolve the case, but Trump’s team rejected that figure and is seeking at least $25 million plus a formal apology from the network.
  • The president alleges that the segment was deceptively edited, causing him mental anguish and diverting viewership from his media platforms, including Truth Social.
  • CBS News and Paramount maintain the segment was not doctored and have described the lawsuit as without legal basis and harmful to First Amendment protections.
  • Democratic senators have warned Paramount’s controlling shareholder that a financial settlement could violate anti-bribery laws, coinciding with the FCC’s review of the Skydance merger, including its consideration of license sanctions over alleged news distortion.