“When Donald Trump sued CBS for $10 billion days before the 2024 election, accusing the company of deceptively editing a 60 Minutes interview with Vice President Kamala Harris, many legal experts dismissed the litigation as a far-fetched attempt to punish an out-of-favor news outlet,” the New York Times reports.
“Now Mr. Trump is back in the White House, and many executives at CBS’s parent company, Paramount, believe that settling the lawsuit would increase the odds that the Trump administration does not block or delay their planned multibillion-dollar merger with another company.
”“Settlement discussions between representatives of Paramount and Mr. Trump are now underway… There is no assurance, though, that they will result in a deal, and it is unclear what the terms of any such deal might include.”