Paramount Global has made a $15 million offer to settle the lawsuit filed by former US President Donald Trump against CBS News. However, Trump’s team is seeking more than $25 million and is also demanding an apology from CBS News. They have even threatened CBS with another lawsuit related to alleged bias in their news coverage.
The negotiations have been ongoing for a month, with both parties still far apart on the terms of the settlement. Paramount is looking to appoint three new directors to its board in the coming weeks, bringing the total to seven. This move is to ensure that the company has a full board in place in case the deal falls through.
Trump filed a $10 billion lawsuit against CBS in October, accusing the network of deceptively editing an interview with then-Vice President Kamala Harris to favor the Democratic Party during the election. In February, Trump increased his claim for damages to $20 billion in an amended complaint.
In a separate development, Bill Owens, the executive producer of “60 Minutes,” announced his resignation in April over concerns about editorial independence. This move has added another layer of complexity to the ongoing legal battle between Trump and CBS.
The negotiations between Paramount Global and Trump’s team are still ongoing, with both parties trying to reach a settlement that satisfies all their demands. The outcome of these negotiations will have significant implications for both parties involved and could potentially impact the future of media and news coverage in the United States.
