Mediator reportedly proposes $20m settlement in Trump suit against CBS

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"Mediator Suggests $20 Million Settlement in Trump's Lawsuit Against CBS"

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Donald Trump is reportedly on the verge of a potential settlement with CBS regarding his lawsuit over a controversial interview with Vice President Kamala Harris, with a mediator proposing a $20 million agreement. This legal dispute, which has been ongoing since Trump filed the lawsuit in October, alleges that CBS engaged in deceptive editing during a 60 Minutes interview with Harris, thereby misrepresenting her responses related to the Israel-Gaza conflict. Trump initially sought $20 billion in damages, claiming that CBS's actions amounted to election interference. CBS has firmly denied these allegations, maintaining that it merely presented a more condensed version of the interview without any alterations to the content itself. The proposed settlement would allocate $17 million to Trump's presidential foundation or museum, while also covering legal costs and funding public service announcements addressing antisemitism through networks owned by Paramount, CBS's parent company.

Negotiations, however, have encountered obstacles primarily due to Trump’s insistence on receiving a public apology from CBS, which the network has refused to issue. This ongoing legal battle also poses challenges for Paramount's $8.4 billion merger with Skydance Media, as the Federal Communications Commission's chair, Brendan Carr, suggested that the controversy surrounding the lawsuit could impact the regulatory approval process. Settlement discussions began this spring, after Paramount initially offered $15 million, which did not meet Trump's demands. The proposed $20 million settlement aligns with other recent agreements Trump has reached with major media companies, including a $15 million settlement with Disney concerning a defamation case and a $25 million agreement with Meta over the suspension of his social media account following the Capitol riot. The legal pressures resulting from this lawsuit have also led to significant changes within CBS News, including the departures of notable figures like longtime 60 Minutes producer Bill Owens and news division chief Wendy McMahon, amidst growing tensions related to the network's handling of the lawsuit.

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Donald Trump and CBS could settle their legal battle over a contested interview withKamala Harrisfor $20m, as the dispute continues to shadow a major media merger.

A mediator has proposed the settlement figure to resolve Trump’s lawsuit against CBS News over alleged deceptive editing of a 60 Minutes interview with Harris during last year’s presidential campaign,the Wall Street Journalreported on Wednesday.

The lawsuit, filed in October and later amended to seek $20bn in damages, accusedCBSof election interference through selective editing that allegedly made Harris appear more coherent in her responses about the Israel-Gaza conflict.

CBS has consistently denied wrongdoing, saying it simply aired a more concise version of Harris’s answer rather than doctoring her comments.

The proposed deal would see $17m donated to Trump’s presidential foundation or museum, with additional millions covering legal costs and funding public service announcements against antisemitism on Paramount-owned networks.

However, negotiations remain stuck on Trump’s demand for an apology from CBS – something the network has refused to provide, sources familiar with the talks tell the WSJ.

The dispute also complicates Paramount’s $8.4bn merger with Skydance Media, as Federal Communications Commission chair Brendan Carr indicated that the controversycould influence regulatory approvalof the deal.

According to the reporting, settlement discussions began in mediation this spring after Paramount initially offered $15m – less than Trump’s team demanded. The proposed $20m figure aligns with recent settlements between Trump and other major media companies.

Disneypaid $15mto the Trump presidential foundation and another $1m for his lawyer fees to resolve a defamation case involving ABC News anchor George Stephanopoulos in December, while Meta agreed to a$25m settlementover Trump’s social media account suspension following the 6 January riot at the Capitol.

The legal pressure has contributed to mass upheaval at CBS News, with both longtime 60 Minutes producer Bill Owens and news division chief Wendy McMahon announcing their departures earlier this year amid tensions over the network’sresponse to the lawsuit.

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Source: The Guardian