Posted on 05/10/2025 8:23:17 AM PDT by Libloather
Pressure is mounting on Paramount Global from both the inside and outside as it considers settling a high-stakes lawsuit brought by President Donald Trump.
Lawyers for Trump and Paramount entered mediation last week, signaling the company’s potential willingness to resolve the whopping $20 billion suit filed by Trump accusing CBS News of election interference over its handling of the “60 Minutes” interview last year with then-Vice President Kamala Harris.
That interview, which was part of a primetime election special that also featured her Democratic running mate, Minnesota Gov. Tim Walz, earned an Emmy nomination last week for Outstanding Edited Interview. Trump slammed the “totally discredited” Emmys on Truth Social in response.
A group of Democratic lawmakers, including Senators Bernie Sanders, I-Vt., and Elizabeth Warren, D-Mass., made a direct plea to Shari Redstone, Paramount’s controlling shareholder, to not settle the lawsuit, saying it would be a “grave mistake.”
“Rewarding Trump with tens of millions of dollars for filing this bogus lawsuit will not cause him to back down on his war against the media and a free press,” Sanders and the Democrats wrote to Redstone on Tuesday. “It will only embolden him to shakedown, extort and silence CBS and other media outlets that have the courage to report about issues that Trump may not like.”
Their message may fall on deaf ears as it was previously reported that Redstone was in favor of settling the lawsuit in hopes of paving the way for Paramount’s planned merger with Skydance Media and preventing potential retribution by Trump’s Federal Communications Commission (FCC), which has the authority to halt the multibillion-dollar transaction.
Redstone not only wanted to reportedly “keep tabs” on upcoming “60 Minutes” segments involving Trump, she reportedly urged CBS execs to delay any sensitive reporting on Trump until after the merger deal closed...
(Excerpt) Read more at nypost.com ...
I preferred the Battle of the Ts and As.
And if there isn’t a settlement and the litigation ends up costing TWICE as much as settling now will these “stars” kick in the difference out of their own pockets? Betting not.
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