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Paramount has offered $15 million to settle CBS lawsuit, WSJ reports

  • In October 2024, Donald Trump sued CBS News and Paramount Global for $20 billion over allegedly deceptive edits to a 60 Minutes interview with Kamala Harris.
  • Trump alleges the edited interview misled voters to favor Harris during the 2024 presidential race, invoking Texas' Deceptive Trade Practices Act in his claim.
  • Paramount has proposed a $15 million settlement, but Trump declined, insisting on a higher amount of $25 million along with a formal apology, which has extended the negotiation process amid continuing legal threats.
  • Two CBS executives, including 60 Minutes' long-time producer Bill Owens, resigned citing concerns over editorial independence amid internal conflicts from the lawsuit and settlement talks.
  • The lawsuit and settlement attempts coincide with Paramount's push to secure regulatory approval for its Skydance merger, complicating the company’s strategic and legal position.
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Political Wire broke the news in New York, United States on Wednesday, May 28, 2025.
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