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Paramount Global is reportedly nearing a settlement with President Donald Trump over a $20 billion defamation lawsuit related to a "60 Minutes" segment. As part of this broader legal dispute, ABC News has agreed to pay Trump $15 million and issued a note of regret to resolve a separate defamation claim. The lawsuit alleges that "60 Minutes" engaged in deceptive practices, though some critics have characterized the suit as frivolous. The case has raised concerns about the influence of corporate conglomerates on media outlets and the potential implications for press freedom and the First Amendment. The Redstone family, former owners of Paramount and CBS, have been criticized for their willingness to settle the lawsuit, which some view as undermining constitutional principles.
ABC settles with Trump for $15 million. Now, he wants to sue other news. President-elect Donald Trump secured a $15 million payment from ABC News — and a note of regret — over the weekend as part of the settlement of a defamation lawsuit he brought against the network. https://t.co/S3CW3YJwNV
BREAKING 🚨 CBS Paramount nears settlement with Donald Trump over his $20 BILLION lawsuit BANKRUPT THEM INTO OBLIVION
🇺🇸 PARAMOUNT NEARS SETTLEMENT WITH TRUMP OVER $20B “60 MINUTES” LAWSUIT Paramount’s hoping a big check will make a big problem disappear. The media giant is reportedly nearing a settlement with President Trump over his $20 billion lawsuit, which claims 60 Minutes sneakily https://t.co/J1yF4aSNU3 https://t.co/2b11n8srdu
