Paramount hopes to settle the CBS lawsuit for $15 million, but Trump wants more.
Paramount Global and Trump have been in negotiations for a month to settle the lawsuit against its subsidiary, the American Columbia Broadcasting Corporation, but there are still major disagreements on the terms. According to sources, Paramount recently proposed a $15 million settlement. The Trump team is seeking over $25 million in compensation and demanding an apology from CBS News. Sources reveal that Trump's team has threatened to file another lawsuit against CBS, accusing biased news reporting. Wednesday is the deadline for Trump to respond to Paramount's motion to dismiss the lawsuit. Trump sued CBS for $20 billion on October 31 last year, citing dissatisfaction with the "deceptive editing" of the Harris interview on CBS' "60 Minutes."
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