Trump, Paramount agree to begin mediation in $20 bln lawsuit- NYT

Published 08/04/2025, 01:22
© Reuters

Investing.com-- U.S. President Donald Trump and Paramount Global (NASDAQ:PARAA) are set to begin mediation in his $20 billion lawsuit against CBS News over a 60 Minutes interview of former Vice President Kamala Harris, the New York Times (NYSE:NYT) reported on Monday. 

The two sides recently picked a mediator, the NYT report said, citing people with knowledge of the proceedings. A mediator will help the two sides reach a settlement. 

Trump sued CBS News for $20 billion on claims that the channel’s 60 Minutes show deceptively edited an October interview with Harris, who was his opponent in the 2024 presidential election. 

He claimed that the edits of the interview were misleading and harmed his campaign. 

CBS News has maintained that its edits were protected by the First Amendment. 

Reports of a potential settlement in the lawsuit began earlier this year, especially amid speculation that CBS parent Paramount will seek to close the lawsuit quickly, as it prepares to merge with Skydance Entertainment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.