Paramount Global offered a settlement of $15 million to President Donald Trump to resolve his lawsuit against CBS News, per a report from the Wall Street Journal.
The big picture: The lawsuit, initially filed for $10 billion, accused CBS News of editing portions of an interview with former Vice President Kamala Harris, leading to accusations of “egregious illegalities in broadcast history.”
- Trump raised his damages claim to $20 billion and accused CBS News’ “60 Minutes” of airing defamatory stories about him, particularly regarding the war in Ukraine and his attempts to acquire Greenland.
Driving the news: In April, Trump criticized CBS News, “60 Minutes,” and Paramount, labeling them as dishonest political operatives rather than a news outlet.
- While Paramount offered $15 million for settlement, Trump is seeking $25 million and an apology from CBS.
- Additionally, Trump’s legal team threatened to file another lawsuit alleging bias in CBS’s news coverage.
