Trump, Paramount Mediation Tied to Skydance Merger

Paramount Global and Donald Trump have agreed to mediation in Trump's $20 billion lawsuit against CBS News over alleged deceptive editing of a '60 Minutes' interview with Kamala Harris. The mediation comes as Paramount's merger with Skydance Media is pending regulatory approval from the Trump administration, raising stakes for a possible settlement. Trump's lawsuit accuses CBS of misleading editing practices that purportedly damaged his media holdings, including Truth Social. CBS has denied any wrongdoing and argues their editing is protected under the First Amendment, while some in the company prefer settling to avoid a prolonged legal battle. The mediation is a critical step, though a settlement is not guaranteed. The case highlights the tensions between media practices and political figures, with significant implications for corporate decisions at Paramount.