Paramount Global and Trump began mediation Wednesday over his lawsuit against CBS News, according to The Wall Street Journal. The lawsuit seeks $20 billion in damages for allegedly deceptive editing of a “60 Minutes” interview with Kamala Harris. Paramount insiders have discussed settling for $15 million to $20 million, but Trump’s team is expected to demand far more, including an apology. Trump attacked CBS and Paramount on Truth Social, accusing them of defrauding the public. CBS has denied wrongdoing, stating the broadcast was neither doctored nor deceitful.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Paramount Global and President Trump began mediation Wednesday over his lawsuit against
00:06CBS News, according to The Wall Street Journal. The lawsuit seeks $20 billion in damages for
00:11allegedly deceptive editing of a 60 Minutes interview with Kamala Harris. Paramount insiders
00:16have discussed settling for $15 million to $20 million, but Trump's team is expected to demand
00:22far more, including an apology. Trump attacked CBS and Paramount on True Social, accusing them
00:28of defrauding the public. CBS has denied wrongdoing, stating the broadcast was neither doctored
00:33nor deceitful. For all things money, visit Benzinga.com slash GSTV.