Paramount Global, the parent company of CBS News, is said to be exploring options to resolve a lawsuit filed by former President Donald Trump in response to the network's interview with Vice President Kamala Harris, sources revealed to The Wall Street Journal on Friday.
The move comes as the company seems keen to make concessions in an effort to gain approval from the Trump administration for its proposed merger with Skydance Media, insiders noted.
In November, Trump sued CBS News, seeking $10 billion in damages over its "60 minutes" interview with the vice president. The lawsuit alleges that the network engaged in "partisan and unlawful acts of election and voter interference through malicious, deceptive, and substantial news distortion."
