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Paramount Faces Internal Struggles Over Potential $50M Settlement in Trump Lawsuit

Board divisions and legal concerns stall Paramount’s decision on settling Trump’s $20 billion lawsuit as merger approval hangs in balance.

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Overview

  • President Trump’s $20 billion lawsuit against CBS News alleges deceptive editing of a 60 Minutes interview with Kamala Harris during the 2024 election.
  • Paramount is reportedly considering a $30–50 million settlement to resolve the lawsuit, which legal experts view as lacking merit.
  • The settlement is seen as a potential way to secure FCC approval for Paramount's $8 billion merger with Skydance Media, currently under review by Trump-appointed FCC Chair Brendan Carr.
  • Senators Warren, Sanders, and Wyden have warned that such a settlement could violate federal bribery laws, raising ethical and legal concerns.
  • Internal conflicts at Paramount, including high-profile resignations and board disagreements, have stalled a final decision on the settlement.