On Wednesday evening, as representatives for Paramount Global and President Trump wrapped their first day of mediation talks on the president’s $20 billion lawsuit against 60 Minutes—a source of profound anxiety for CBS News and, indeed, the industry at large—The Wall Street Journal reported that Paramount’s front office had privately discussed settling the suit for around $15 million to $20 million. The proposed fee seemed plausible enough, especially since it aligned with the “donation” that Disney had made to Trump’s presidential library last December after Bob Iger and his board determined they’d rather pay $16 million than enter a protracted legal and P.R. war with the incoming president, expose their text messages to discovery, and potentially complicate a Fubo deal. For Paramount, however, $15 million to $20 million is more of a tactical opening bid—and wishful thinking.
Try Puck for free
Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.
Already a member? Log In
- Daily articles and breaking news
- Personal emails directly from our authors
- Gift subscriber-only stories to friends & family
- Unlimited access to archives
- Exclusive bonus days of select newsletters
- Exclusive access to Puck merch
- Early bird access to new editorial and product features
- Invitations to private conference calls with Puck authors
Exclusive to Inner Circle only
Latest Articles from Media
Bari’s Prison of Her Own Design
The Politico Succession Games Begin…
Tony and Bari on the Rocks
Semafornication
The Tony Accords
Common Sense & Sensibility
The Weiss Flag
Get access to this story
Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.
Latest Articles from Media
The 2025 Media State of the Union
The Gulf of Semafor
The Lanzone That Time Forgot
A Weiss Christmas
CNN’s Bari Christmas
The Nuzzicracker Ballet
Substack Entrapment Theory
You have 1 free article Left
To read this full story and more, start your 14 day free trial today →
Already a member? Log In
Get access to this story
Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.
Already a Member? Sign in
Latest Articles from Media
Roman Holiday
Zaz’s Hollywood Endings
A Brave Nuzzi World
The RedBird Balloon
The Bankoff Job
Stan By Me