Discussions are underway between representatives of Paramount and President Donald Trump to settle a $10 billion lawsuit he filed against CBS in the days before the election accusing the network of deceptive editing of a “60 Minutes” interview with then-Vice President Kamala Harris, according to sources with knowledge of the talks.
With Trump as president, settling the lawsuit could mean lowering the odds that the administration won’t block or delay Paramount’s plans for a multibillion-dollar merger with the entertainment company Skydance.
ABC News last month spent $15 million resolving Trump’s defamation lawsuit against the network and anchor George Stephanopoulos.
Wednesday, Meta, the parent company of Facebook and Instagram, reported agreeing to a $25 million settlement in a lawsuit Trump filed after the social media networks suspended his accounts in 2021.
You just don’t tug on Superman’s cape !