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Trump and Paramount Request Court Stay During Advanced Settlement Talks

Paramount is racing to resolve Trump’s deceptive-edit lawsuit before its shareholder meeting to secure regulatory clearance for its Skydance merger

CBS headquarters, or Black Rock, at 51 West 52nd Street in New York.
Paramount Global logo is seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/ File Photo
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Overview

  • Lawyers for President Trump and Paramount Global asked a Northern Texas federal court to stay the case until July 3 to reflect their good-faith, advanced settlement negotiations.
  • Trump’s lawsuit filed in October 2024 accuses ’60 Minutes’ of deliberately mis-editing a Kamala Harris interview to influence the 2024 election and seeks $20 billion in damages.
  • CBS News has defended its reporting, citing the full interview transcript that shows standard editorial processes and invoking First Amendment protections.
  • Paramount’s urgency to settle is driven by its upcoming annual shareholder meeting and the need for FCC approval of its proposed Skydance Media merger.
  • Press freedom advocates and Democratic lawmakers warn that any payout could chill journalism and violate anti-bribery laws, and critics note the case’s assignment to a Trump-appointed judge.