From Fox News: The mediator involved in President Donald Trump’s lawsuit against Paramount and CBS News reportedly proposed a $20 million settlement to end the high-stakes legal battle.
The Wall Street Journal reported Wednesday that Trump and Paramount’s legal teams were presented with a proposal to end the president’s $20 billion lawsuit with a $20 million settlement, according to sources familiar with the matter.
The proposal, per the WSJ, would have Paramount making a $17 million donation to a Trump presidential foundation or museum and paying millions more in legal fees and public service announcements on Paramount-owned networks to combat antisemitism.
Last month, Trump rejected Paramount’s $15 million settlement offer as he sought at least a $25 million payout as well as an apology. According to the Wall Street Journal, Paramount “isn’t prepared” to give one.
Trump sued CBS News and Paramount for $20 billion over election interference allegations in the “60 Minutes” interview of then-Vice President Kamala Harris, which aired weeks before the presidential election.
CBS News allegedly edited an exchange between Harris and “60 Minutes” correspondent Bill Whitaker, where Harris was mocked for her “word salad” answer to why Israeli Prime Minister Benjamin Netanyahu wasn’t listening to the Biden administration.
“President Trump is committed to holding those who traffic in fake news, hoaxes, and lies to account,” Ed Paltzik, a Trump attorney, told Fox News Digital. “CBS and Paramount targeted the President in an attempt to harm his reputation while committing the worst kind of election interference and fraud in the closing days of the most important presidential election in history. President Trump will pursue this vital matter to its just and rightful conclusion.”
🚨 #BREAKING: CBS is attempting to settle President Trump’s lawsuit against them for $20 MILLION, after they deceptively edited Kamala’s interview
Man, President Trump is REALLY stacking up the wins against these fake news outlets 🤣 pic.twitter.com/JHopfJaU6u
— Nick Sortor (@nicksortor) June 25, 2025
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