President Donald Trump has rejected a multimillion-dollar offer from CBS News to settle his lawsuit over an allegedly doctored 60 Minutes interview.

Nearly a month into settlement talks over Trump’s explosive $20 billion lawsuit against the network, sources confirm that Paramount Global has quietly offered $15 million to make the scandal disappear.

But Trump has blasted the network’s proposal as ‘not even close,’ and is demanding tens of millions more (at least $25 million) together with a formal apology.

The lawsuit, filed last October, accuses CBS, its parent company Paramount and its flagship program 60 Minutes of deceptively editing a high-stakes interview with then–Democratic presidential nominee Kamala Harris just weeks before the 2024 election.

Trump alleges the footage was manipulated to ‘tip the scales’ in Harris’s favor and irreparably damage his image with voters.

CBS denies the claim and said the broadcast was ‘not doctored or deceitful.’ It has called the allegations ‘completely without merit.’

But the legal and political aftershocks are now threatening to derail a much bigger deal: Paramount’s $8.4 billion merger with Skydance Media, which is currently under review by Trump’s Federal Communications Commission (FCC).

The rejection of the settlement offer from CBS comes as Trump threatens to block billions in federal approvals for Paramount’s merger with Skydance Media and insiders say the president is nowhere near backing down.

President Donald Trump has rejected a multimillion-dollar offer from CBS News to settle his lawsuit over an allegedly doctored 60 Minutes interview

Trump alleges footage of a Kamala Harris interview was manipulated to ‘tip the scales’ in her favor and irreparably damage his image with voters

Paramount Global has quietly offered $15 million to make the scandal disappear but Trump wants $25 million along with a formal apology

The footage at the heart of the lawsuit was aired on 60 Minutes in October 2024, and featured CBS correspondent Bill Whitaker interviewing Harris in a prime-time election special.