rawimpact
05-21-2025, 11:04 AM
The CBS CEO and president resigned this week (source: https://www.npr.org/2025/05/19/nx-s1-5403690/cbs-news-wendy-mcmahon-resigns-paramount-trump-lawsuit-60-minutes)
Both Trump and Paramount have entered mediation, which could conclude at any time. Last October, Trump sued CBS News and Paramount for $10 billion over allegations of election interference involving the "60 Minutes" interview of then-Vice President Kamala Harris that aired weeks before the presidential election (the amount has since jumped to $20 billion). There have been reports that a settlement between $30-50 million could be reached, something Paramount hopes would clear the pathway towards its planned merger with Skydance Media, which seeks approval from Trump's FCC. Also fueling settlement rumors was Monday's abrupt resignation of CBS News CEO Wendy McMahon.
https://www.foxnews.com/media/60-minutes-producers-rail-against-trumps-bulls-lawsuit-dread-prospects-paramount-making-settlement
Both Trump and Paramount have entered mediation, which could conclude at any time. Last October, Trump sued CBS News and Paramount for $10 billion over allegations of election interference involving the "60 Minutes" interview of then-Vice President Kamala Harris that aired weeks before the presidential election (the amount has since jumped to $20 billion). There have been reports that a settlement between $30-50 million could be reached, something Paramount hopes would clear the pathway towards its planned merger with Skydance Media, which seeks approval from Trump's FCC. Also fueling settlement rumors was Monday's abrupt resignation of CBS News CEO Wendy McMahon.
https://www.foxnews.com/media/60-minutes-producers-rail-against-trumps-bulls-lawsuit-dread-prospects-paramount-making-settlement