Paramount Global and former President Donald Trump are in advanced negotiations to settle a $20 billion lawsuit related to a '60 Minutes' report. A mediator has proposed a $20 million settlement offer. Recent reports indicate that Paramount is expected to pay Trump approximately $16 million to resolve the case. The settlement has drawn criticism from prominent CBS figures, including former CBS News anchor Dan Rather, who described the deal as a 'sell-out to extortion' and a 'sad day for journalism.' CBS correspondent John Dickerson also expressed concerns that the settlement undermines the network's ability to hold power accountable. The lawsuit and its resolution have sparked debate about media coverage of Trump and the use of legal strategies to challenge media organizations. Despite Paramount's denial of public service announcements or advertising as part of the deal, Trump has claimed the settlement could be around $35 million. The situation has prompted condemnation from current and former CBS News employees.
Paramount Global's settlement of the "60 Minutes" lawsuit filed by President Trump has provoked condemnation from current and former CBS News employees. https://t.co/5lMmv7vNLg
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