Another media giant is plotting massive settlement with Trump

www.thedailybeast.com

Another media giant is plotting massive settlement with Trump

www.thedailybeast.com

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News@lemmy.worldEnglish · 12 hours ago

Another Media Giant is Plotting Massive Settlement with Trump

www.thedailybeast.com

Top executives are reportedly pushing for the settlement to appease the president in the hopes that his administration might finalize a multibillion-dollar merger.

Summary

Paramount is in settlement talks with Donald Trump over his $10 billion lawsuit against CBS, which he claims deceptively edited a “60 Minutes” interview with Kamala Harris before the 2024 election.

Paramount executives, including controlling shareholder Shari Redstone, reportedly support a settlement to avoid jeopardizing their pending merger with Skydance, which requires FCC approval.

The FCC is led by Trump appointee Brendan Carr.

Trump has recently secured multimillion-dollar settlements from ABC News and Meta in similar lawsuits against major media companies.

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