Paramount is on the verge of settling with President Trump on his lawsuit against them over the 60 Minutes interview with Kamala Harris, which appeared to be deceptively edited to aid Kamala in her election fight against Trump.

The New York Times is reporting that “acceptable financial terms for a potential settlement” have been give to the lawyers of the president, and mediation on this begins tomorrow.

Here’s the reporting:

Lawyers for President Trump and Paramount, the parent of CBS News, are set to begin mediation on Wednesday over a lawsuit brought by Mr. Trump that accuses “60 Minutes” of deceptively editing an interview with his 2024 Democratic opponent, Kamala Harris.

Legal experts have called the suit baseless and an easy victory for CBS. But Paramount is entering the talks prepared to make a deal.

In an April 18 meeting, the Paramount board outlined acceptable financial terms for a potential settlement with the president, according to three people with knowledge of the internal discussions. The exact dollar amounts remain unclear, but the board’s move clears a path for an out-of-court resolution.

Shari Redstone, the company’s controlling shareholder, has said she favors settling the case. She is set to receive a major payday in a pending sale of Paramount to a Hollywood studio, Skydance, that requires sign-off from the Trump administration. Any settlement would ultimately require the board’s approval, and Ms. Redstone has told the board that she is recusing herself from deliberations related to the lawsuit.

Paramount declined to comment.

This would have never been settled if Trump hadn’t won the election. It’s amazing what winning does!