NY Post: Paramount Board Fears Settling Trump’s CBS Lawsuit

Paramount’s controlling shareholder Shari Redstone and the company’s board members are struggling to reach a decision about settling a $20 billion lawsuit brought by President Donald Trump over a “60 Minutes” interview with former Vice President Kamala Harris, it was reported Wednesday.

The New York Post’s Charles Gasparino reported that a major concern involves the likelihood that the Paramount board’s Directors and Officers (D&O) liability insurance wouldn’t cover bribery, a potential allegation if the sides settle.

Trump has sued CBS for $20 billion, alleging the network edited an interview with 2024 Democrat opponent Harris last fall to benefit her. CBS News has denied that. CBS’ parent company, Paramount Global, is in talks to potentially settle Trump’s lawsuit.

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