Trump and Paramount in ‘advanced' talks to settle '60 Minutes' suit
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Brendan Carr, the chair of the Federal Communications Commission, has said the president's lawsuit against Paramount was not linked to the FCC's review of the company's merger with Skydance. Paramount has said that the lawsuit with Trump is 'completely separate from, and unrelated to, the Skydance transaction.' Shari Redstone, Paramount's controlling shareholder, had told confidants that she favors a settlement.
Redstone has said she wants to avoid a protracted legal war with the president that could cost hundreds of millions of dollars and jeopardize other divisions of Paramount that have business with the government. She has recused herself from boardroom deliberations over the case.
The settlement would be the second major concession to Trump by a leading American media company. In December, ABC News paid $15 million to settle a lawsuit filed by Trump over an interview with Rep. Nancy Mace, R-S.C., conducted by George Stephanopoulos.
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