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.