26 February 2025

I Think This Means Paramount Is Worried

Worried that CBS is in the process of screwing up the merger with Skydance. Paramount, Trump agree to appoint mediator to settle $20B lawsuit

Lawyers representing Paramount and Donald Trump have agreed to bring in a mediator to facilitate discussions about a possible settlement in the president’s ongoing $20 billion lawsuit against subsidiary CBS, according to a report.

The decision to bring in a third party signals a potential effort by both sides to resolve the dispute outside of court, according to the New York Times.

I think that Paramount is interested because I don't see anyway Skydance (Larry Ellison and his son, David) is going to merge with Paramount while CBS has a $20 billion dollar suit hanging over there. But hey, maybe I'm wrong.

The lawsuit filed by Trump accuses the CBS show “60 Minutes” of deceptively editing an interview with then-Vice President Kamala Harris, whose long-winded answer to a question about the Israel-Hamas conflict was condensed.

Better stock up on popcorn.

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