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From the New York Times: When Donald J. 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.
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, according to several people with knowledge of the matter.
Settlement discussions between representatives of Paramount and Mr. Trump are now underway, according to three people with knowledge of the talks. 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.
Shari Redstone, Paramount’s controlling shareholder, strongly supports the effort to settle, according to two people with knowledge of her thinking. Ms. Redstone stands to clear billions of dollars on the sale of Paramount, the media empire founded by her father Sumner Redstone, in a deal with Skydance, an entertainment company backed by the billionaire Larry Ellison and run by his son David.
Below is what got CBS in trouble… a comparison of an original clip from the interview with Kamala Harris, and the edited version, in which the network inserted a completely different answer.
CBS News is now in settlement talks with President Trump to pay for the election interference they committed when they deceptively edited Kamala Harris’s interview to make her look good.
Here is the video: pic.twitter.com/KhXuhRFReo
— Derrick Evans (@DerrickEvans4WV) January 31, 2025
NEW: CBS’s parent company is in talks with Trump about settling his lawsuit against “60 Minutes.” If a deal is reached, it would be another concession by a major media company to a president who has spent years vowing to clamp down on news outlets. https://t.co/mWqMpMmYuM
— David Enrich (@davidenrich) January 31, 2025
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