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Paramount inches toward settling Trump's $20-billion '60 Minutes' lawsuit

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Paramount inches toward settling Trump's -billion '60 Minutes' lawsuit

As CBS-owner Paramount Global enters mediation this week to resolve President Trump’s $20-billion “60 Minutes” lawsuit, one question looms: How much should the company pay to settle a dispute that 1st Amendment experts have deemed frivolous?

Paramount’s board during an April 18 meeting agreed on parameters for a possible settlement with Trump, according to two people familiar with the discussions who were not authorized to comment.

Mediation sessions begin Wednesday, multiple sources have said, and the company is eager to put the “60 Minutes” controversy behind so that it can move forward with its sale to David Ellison’s Skydance Media.

The New York Times first reported Paramount’s board directors had agreed on settlement terms.

The knowledgeable people said board members acted to provide clear guidance to lawyers who will be representing them during the mediation process. A Paramount representative declined to comment.

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Trump filed the lawsuit in Texas last October, alleging CBS deceptively edited a “60 Minutes” interview with then-Vice President Kamala Harris in an effort to prop up her election chances.

Early this year, the president doubled the amount of damages he was seeking to $20 billion. His updated lawsuit attempted to steer the case away from 1st Amendment issues and instead claim “60 Minutes” was a fraudulent product that harmed viewers in Texas.

Paramount’s controlling shareholder Shari Redstone has pushed for a settlement to facilitate Paramount’s sale to the family headed by billionaire tech mogul Larry Ellison. Redstone’s apparent willingness to appease Trump has sparked sharp protests within the company.

Last week, Bill Owens, the executive producer of “60 Minutes,” resigned, citing additional corporate pressure over coverage.

On Sunday, veteran CBS newsman Scott Pelley told “60 Minutes” viewers about Owens’ resignation. Pelley disclosed the show had been facing increased corporate oversight because of Paramount’s desire to win the Trump administration’s approval of the Skydance deal.

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The Federal Communications Commission must approve the transfer of CBS television station licenses to the Ellison family.

“None of our stories has been blocked,” Pelley told viewers at the end of the broadcast. “But Bill felt he lost the independence that honest journalism requires.”

Redstone, who serves as Paramount’s chairwoman, recused herself from discussions about the settlement, the sources said. She has refrained from voting on certain Paramount matters related to the company’s sale due to a conflict of interest. Her family is expecting $1.75 billion as its part of the proceeds from the Skydance sale.

Paramount, however, could face legal blowback if it shells out a huge amount to mollify Trump.

Paramount’s lawyers have pushed back against Trump’s arguments and CBS journalists have maintained they did not distort the Harris interview. The raw footage shows she was quoted accurately, although CBS had edited her response by using her most cogent sentence.

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CBS has said the edits were made to pare the then-vice president’s interview to a broadcast length.

Board members are cognizant that a huge settlement could be viewed as something of a payoff to the president to move the Skydance merger over the finish line, knowledgeable sources have said.

Amid the controversy, Trump’s dismay with CBS and “60 Minutes” has continued.

He grew angry over two segments that aired in April, stories on the war in Ukraine and Trump’s desire to annex Greenland. Trump wrote on his Truth Social platform earlier this month that he wanted Brendan Carr, his appointee to head the FCC, to “ impose the maximum fines and punishment” on CBS.

Separately, after a long pause, the FCC reached out to Skydance in the last week to begin the merger review process.

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Video: Trump Announces Construction of New Warships

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Video: Trump Announces Construction of New Warships

new video loaded: Trump Announces Construction of New Warships

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Trump Announces Construction of New Warships

President Trump announced on Monday the construction of new warships for the U.S. Navy he called a “golden fleet.” Navy officials said the vessels would notionally have the ability to launch hypersonic and nuclear-armed cruise missiles.

We’re calling it the golden fleet, that we’re building for the United States Navy. As you know, we’re desperately in need of ships. Our ships are, some of them have gotten old and tired and obsolete, and we’re going to go the exact opposite direction. They’ll help maintain American military supremacy, revive the American shipbuilding industry, and inspire fear in America’s enemies all over the world. We want respect.

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President Trump announced on Monday the construction of new warships for the U.S. Navy he called a “golden fleet.” Navy officials said the vessels would notionally have the ability to launch hypersonic and nuclear-armed cruise missiles.

By Nailah Morgan

December 23, 2025

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Commentary: ‘It’s a Wonderful ICE?’ Trumpworld tries to hijack a holiday classic

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Commentary: ‘It’s a Wonderful ICE?’ Trumpworld tries to hijack a holiday classic

For decades, American families have gathered to watch “It’s a Wonderful Life” on Christmas Eve.

The 1946 Frank Capra movie, about a man who on one of the worst days of his life discovers how he has positively impacted his hometown of Bedford Falls, is beloved for extolling selflessness, community and the little guy taking on rapacious capitalists. Take those values, add in powerful acting and the promise of light in the darkest of hours, and it’s the only movie that makes me cry.

No less a figure of goodwill than Pope Leo XIV revealed last month that it’s one of his favorite movies. But as with anything holy in this nation, President Trump and his followers are trying to hijack the holiday classic.

Last weekend, the Department of Homeland Security posted two videos celebrating its mass deportation campaign. One, titled “It’s a Wonderful Flight,” re-creates the scene where George Bailey (Jimmy Stewart in one of his best performances) contemplates taking his own life by jumping off a snowy bridge. But the protagonist is a Latino man crying over the film’s despairing score that he’ll “do anything” to return to his wife and kids and “live again.”

Cut to the same man now mugging for the camera on a plane ride out of the United States. The scene ends with a plug for an app that allows undocumented immigrants to take up Homeland Security’s offer of a free self-deportation flight and a $1,000 bonus — $3,000 if they take the one-way trip during the holidays.

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The other DHS clip is a montage of Yuletide cheer — Santa, elves, stockings, dancing — over a sped-up electro-trash remake of Mariah Carey’s “All I Want for Christmas is You.” In one split-second image, Bedford Falls residents sing “Auld Lang Syne,” just after they’ve saved George Bailey from financial ruin and an arrest warrant.

“This Christmas,” the caption reads, “our hearts grow as our illegal population shrinks.”

“It’s a Wonderful Life” has long served as a political Rorschach test. Conservatives once thought Capra’s masterpiece was so anti-American for its vilification of big-time bankers that they accused him of sneaking in pro-Communist propaganda. In fact, the director was a Republican who paused his career during World War II to make short documentaries for the Department of War. Progressives tend to loathe the film’s patriotism, its sappiness, its relegation of Black people to the background and its depiction of urban life as downright demonic.

Then came Trump’s rise to power. His similarity to the film’s villain, Mr. Potter — a wealthy, nasty slumlord who names everything he takes control of after himself — was easier to point out than spots on a cheetah. Left-leaning essayists quickly made the facile comparison, and a 2018 “Saturday Night Live” parody imagining a country without Trump as president so infuriated him that he threatened to sue.

But in recent years, Trumpworld has claimed that the film is actually a parable about their dear leader.

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Trump is a modern day George Bailey, the argument goes, a secular saint walking away from sure riches to try to save the “rabble” that Mr. Potter — who in their minds somehow represents the liberal elite — sneers at. A speaker at the 2020 Republican National Convention explicitly made the comparison, and the recent Homeland Security videos warping “It’s a Wonderful Life” imply it too — except now, it’s unchecked immigration that threatens Bedford Falls.

The Trump administration’s take on “It’s a Wonderful Life” is that it reflects a simpler, better, whiter time. But that’s a conscious misinterpretation of this most American of movies, whose foundation is strengthened by immigrant dreams.

Director Frank Capra

(Handout)

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In his 1971 autobiography “The Name Above the Title,” Capra revealed that his “dirty, hollowed-out immigrant family” left Sicily for Los Angeles in the 1900s to reunite with an older brother who “jumped the ship” to enter the U.S. years before. Young Frank grew up in the “sleazy Sicilian ghetto” of Lincoln Heights, finding kinship at Manual Arts High with the “riff-raff” of immigrant and working-class white kids “other schools discarded” and earning U.S. citizenship only after serving in the first World War. Hard times wouldn’t stop Capra and his peers from achieving success.

The director captured that sentiment in “It’s a Wonderful Life” through the character of Giuseppe Martini, an Italian immigrant who runs a bar. His heavily accented English is heard early in the film as one of many Bedford Falls residents praying for Bailey. In a flashback, Martini is seen leaving his shabby Potter-owned apartment with a goat and a troop of kids for a suburban tract home that Bailey developed and sold to him.

Today, Trumpworld would cast the Martinis as swarthy invaders destroying the American way of life. In “It’s a Wonderful Life,” they’re America itself.

When an angry husband punches Bailey at Martini’s bar for insulting his wife, the immigrant kicks out the man for assaulting his “best friend.” And when Bedford Falls gathers at the end of the film to raise funds and save Bailey, it’s Martini who arrives with the night’s profits from his business, as well as wine for everyone to celebrate.

Immigrants are so key to the good life in this country, the film argues, that in the alternate reality if George Bailey had never lived, Martini is nowhere to be heard.

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Capra long stated that “It’s a Wonderful Life” was his favorite of his own movies, adding in his memoir that it was a love letter “for the Magdalenes stoned by hypocrites and the afflicted Lazaruses with only dogs to lick their sores.”

I’ve tried to catch at least the ending every Christmas Eve to warm my spirits, no matter how bad things may be. But after Homeland Security’s hijacking of Capra’s message, I made time to watch the entire film, which I’ve seen at least 10 times, before its customary airing on NBC.

I shook my head, feeling the deja vu, as Bailey’s father sighed, “In this town, there’s no place for any man unless they crawl to Potter.”

I cheered as Bailey told Potter years later, “You think the whole world revolves around you and your money. Well, it doesn’t.” I wondered why more people haven’t said that to Trump.

When Potter ridiculed Bailey as someone “trapped into frittering his life away playing nursemaid to a lot of garlic eaters,” I was reminded of the right-wingers who portray those of us who stand up to Trump’s cruelty as stupid and even treasonous.

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And as the famous conclusion came, all I thought about was immigrants.

People giving Bailey whatever money they could spare reminded me of how regular folks have done a far better job standing up to Trump’s deportation Leviathan than the rich and mighty have.

As the film ends, with Bailey and his family looking on in awe at how many people came to help out, I remembered my own immigrant elders, who also forsook dreams and careers so their children could achieve their own — the only reward to a lifetime of silent sacrifice.

The tears flowed as always, this time prompted by a new takeaway that was always there — “Solo el pueblo salva el pueblo,” or “Only we can save ourselves,” a phrase adopted by pro-immigrant activists in Southern California this year as a mantra of comfort and resistance.

It’s the heart of “It’s a Wonderful Life” and the opposite of Trump’s push to make us all dependent on his mercy. He and his fellow Potters can’t do anything to change that truth.

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