Lawyers for Donald Trump and CBS–Paramount Global asked a judge to put a pause on proceedings until July 3, announcing that they were in advanced stages of settlement talks.
“The Parties respectfully submit that good cause to stay all proceedings exists because the Parties are engaged in good faith, advanced, settlement negotiations,” the parties said in a filing on Monday in federal court in Texas.
The Wall Street Journal reported last week that a mediator had proposed a $20 million settlement.
Trump sued CBS in October, claiming that a 60 Minutes interview with Kamala Harris was deceptively edited to boost her election chances. He revised the lawsuit in February, seeking $20 billion in damages and claiming that the 60 Minutes broadcast unfairly diverted traffic from his media properties, including Truth Social. Trump sued under state and federal laws typically used in false advertising claims.
CBS has said that edits to the interview were not deceptive. In a filing last week, its attorneys said that the lawsuit is meritless, and that its broadcast and a preview on Face the Nation were protected by the First Amendment. But parent Paramount Global is seeking Trump administration approval for its merger with Skydance. The transaction has yet to garner approval from the FCC.
