Paramount lawyers and President Trump agreed to appoint a broker in a 20 billion dollar lawsuit against CBS, according to two people aware of the decision.
This step is to bring the mediator another indication that the two sides are trying to resolve the case, to edit an “60 -minute” interview with Vice President Kamala Harris, outside the court. The mediator can help them reach a settlement, but if they will do it out of certainty.
Paramount refused to comment. “President Trump will follow up on this vital issue to its just conclusion and right,” Ed Baltzk, the lawyer of Mr. Trump, said in a statement.
Mr. Trump sued the CBS days before the 2024 elections, accused of editing the deceitful interview with his democratic opponent. He later modified the lawsuit to include Paramount as a separate defendant.
Paramount, the parent company CBS, started settlement talks with Mr. Trump this year. These Discord conversations were created in Paramount, with CBS News employees who strongly oppose any settlement. Bill Owens, executive producer of “60 minutes”, told the exhibition employees this month that he would not apologize as part of any possible settlement after the New York Times reported that the settlement talks with Mr. Trump were ongoing.
The lawsuit has strengthened Paramount with Skydance, a unification deal from the beginner media supported by the technology pole, Larry Ellison, with the Hollywood studio, the doctrine behind “The Godfather” and “Rosemary’s Baby”. The billion dollars of dollars in the deal, which signed last year, will end the operation of the Redston family for decades on the Paramount Set, and the appliance of Mr. Ellison and his son, David, in their place.
Settlement discussions raised concerns among media lawyers that the deal will encourage Mr. Trump and his allies to provide or threaten more litigation against news means.
Many PAAROUNT CEOs believe that the lawsuit would be to increase the chances that the Trump administration has not prevented or delayed the merger with jumping. The opportunity to stabilize also can also lead to shareholders’ claims, especially if Mr. Trump prevails in court and wins a major ruling.
However, Paramount executives are concerned that the settlement with Mr. Trump can lead to legal obligations that are not covered by traditional companies insurance policies, according to a person familiar with his concerns.
Wall Street Magazine I mentioned earlier On potential legal obligations.
Last week’s presentation at the Federal Court of Texas, a road map of the legal battle between Paramount and Mr. Trump. According to the deposit, both parties must experience mediation before December 20. If they cannot agree on the mediator, they must ask the court to appoint at least one 14 days before the deadline for mediation.
CBS presented a copy of the Harris interview to the Federal Communications Committee, which was later issued to the public. In a statement on the CBS News, the company said that the text showed that the broadcast was “60 minutes” “was not deceptive or deceptive.”
David Treikh The reports contributed.