A possible agreement of $ 35 million from President Trump’s Demand against Paramount CBS subsidiary has been delayed after the company’s management continued to fear a possible legal reaction, according to the post.
Paramount’s hesitation for an agreement prompted Trump’s legal team members to maintain their initial negotiation position and require even more money to end the prolonged legal dispute, according to people close to the matter.
The two parties, however, are kept in active settlement negotiations, according to a regulatory file. A potential advance of the agreement is always a possibility.
According to two sources, the $ 35 million liquidation was recently flooded and considered by both parties, as negotiations on the demand of $ 20 billion enter their sixth month. The impasse threatens to accelerate a larger award: the Shari Redstone Mit house’s plan to sell Paramount in the Skydance Independent Study.
The approval of the Agreement of the Trump regulators to the Federal Communication Commission is considered to depend on the liquidation of the case, the people of Paramount say in office. Trump’s legal representatives and officials deny that two problems are related, but Paramount executives are concerned that any large agreement is considered a bribe as the fusion destination of $ 8 billion from Paramount-Skydance is at stake.
A $ 35 million liquidation would have been a hair cut of 30% of the legal consultants of $ 50 million who had tried to remove from the company to end the lawsuit filed in the Federal Court of Texas last year, according to the previous position.
“(The people of Trump) seemed to be willing to settle down with less, but even this amount worries the primary people,” the post an insider told The Post.
A source close to Trump’s legal team denied that he was about to be resolved for $ 35 million.
“We have a strong case,” said the source.
A spokesman for Paramount rejected the comment. A Trump’s legal representative did not return a comment request. A Redstone representative did not return a comment request.
One thing seems true: the continuous reluctance of Paramount to pay a significant agreement, a lower than the Trump peoples had initially sought, tightened the position of the President’s legal team and was able to create a situation in which the case remained in court for a long period, according to sources close to the matter.
The lawsuit, filed in Texas last year, claims that the CBS News “60 -minute” news program received an interview with the presidential candidate Democratic Kamala Harris before the 2024 presidential election.
It occurs when the President of the FCC nominated for Trump, Brendan Carr, later launched a probe in the alleged skewed edition, throwing a cloud over whether the fusion will obtain the green light of the regulator.
Redstone, Paramount’s control shareholder, is clean up to $ 2 billion when his willingness to unload the company in Skydance is over. Without a liquidation, there is no wind for the red stone blocking, and there is the paramount problem.
Redstone has been officially recused to negotiations, as it will benefit personally, but the idea that the demand is linked to the approval regulating its agreement is bewildering its management team and prevents them from being signed with a payment of any size that can be legally interpreted as a bribing, they fear that they can be subjected to litigation and even criminal suborns that are not covered by insurance, which are not covered with insurance. directed knowledge of the matter.
Several Democrats in Congress have raised the suborn issue and the concern is that a general prosecutor or a state congress, if he changes his hands, could launch an investigation.
Redstone had stated in the past that she was willing to pay up to $ 50 million to make the case disappear so that she could preserve an appearance of her inheritance from her late father, the Sumner Redstone media tycoon, which has been decimated with the decimal of Paramount’s fortune in recent years.
The Council has recently offered $ 15 million, the same amount paid by ABC News, owned by Disney, to resolve a lawsuit file filed by Trump after “this week”, the anchor George Stephanopoles who repeatedly accused him of “rape”.
In the demand of the CBS, both parties have weighed the difference with the public services ads that involve causes that the President would appreciate, including those who fought anti -Semitism and promote North -Americans, reportedly reported.
But the paralyzation continues with the Trump team, which resulted in $ 15 million, the $ 35 million agreement was stopped and the PSA offer is not moving forward. In the meantime, the delay-and its implications for the Paramount-Skydance agreement-has been very important for all the players involved.
Skydance is directed by the movie MAVES David Ellison, Trump’s son, Oracle friend and co -founder Larry Ellison, worth about $ 250 million.
Behind the scenarios, Skydance continues to develop plans for a mass restructuring of the media’s properties, including the CBS, which considered the Redstone Empire’s crown jewel for its best valued programs, sports and influential news programs such as “ 60 minutes ”.
The reduction and changes in the media’s business landscape has increased the benefits to CBS News. Network Chief Wendy McMahon and 60 -minute executive producer, “Bill Owens recently stated concern about the liquidation of what he considers a frivolous case with Trump in order to continue the agreement.
Skydance and his partner of the agreement, the Capital of Capital Redbird Capital, have anointed the former NBCU head, Jeff Shell, as a new head of the CBS if the agreement is made. It is likely to reduce the size of the organization and, according to sources, address the alleged political biases in its news program that are at the center of Trump’s demand.
For years now, conservatives have been complaining that CBS has inclined the stairs in interviews and programming that projects a left -wing political bias, which, under a strict reading of the rules of the Federal Communication Commission, could violate the law as it operates on public waves that require them to serve “public interest”.
CBS has denied the posts and the main allegation, which he published on a purpose of Harris’s interview to edit his famous “Salad de word” vernacular to make the more presidential sound.
If there is no agreement, it is expected that the Federal Judge of the Trump’s Demand will grant discovery in the case in the coming weeks, which would be a significant legal escalation that Paramount and Redstone wanted to avoid.
If the matter is not resolved in October, the agreement could be annulled under the preliminary agreement reached between Skydance and Paramount.
Redstone has a tax bill above his father’s estate and other obligations that could add up to hundreds of millions of dollars.
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