Trump's complaint, filed against Paramount and CBS in a federal court in Texas, seeks at least $20 billion in damages. The lawsuit has been widely described as frivolous, but it appears that Paramount is motivated to settle the case while it seeks the Trump administration's approval for a merger with Skydance.

Republican President Donald Trump landed in Michigan on Tuesday and shared a podium with a longtime antagonist, Democratic Gov. Gretchen Whitmer, as they appeared together to announce a new fighter jet mission being placed at an Air National Guard base outside Detroit and ease fears that the installation could close.