Sunday, September 7, 2025

Paramount Pays Trump $16 Million to Settle ’60 Minutes’ Lawsuit

Paramount Global (NASDAQ: PARA) announced Tuesday it will pay $16 million to resolve President Donald Trump’s legal challenge over a “60 Minutes” interview with Kamala Harris that aired weeks before the 2024 presidential election.

The settlement resolves Trump’s claims that CBS deceptively edited the October interview with his Democratic opponent to make her appear more competent and interfere with the election. Trump had originally sought $10 billion in damages, later increasing his demand to $20 billion.

Under the agreement, the payment will fund Trump’s future presidential library instead of going directly to the president. Paramount will also cover legal fees and costs. The company said the settlement “does not include a statement of apology or regret.”

The lawsuit centered on CBS airing different portions of Harris’s response to a question about Israel’s war in Gaza. One version appeared on “Face the Nation” as a preview, while a more concise section of the same answer aired during the main “60 Minutes” broadcast.

Read: ’60 Minutes’ Anchor Rebukes Parent Company as Trump Lawsuit Pressures CBS

Trump filed the suit under Texas consumer protection law, alleging the editing misled voters. CBS had argued the case was “completely without merit” and that routine editing decisions are protected by the First Amendment.

The settlement drew sharp criticism from press freedom advocates and Democratic lawmakers. Sen. Bernie Sanders said the decision “will only embolden Trump to continue attacking, suing and intimidating the media.”

The agreement comes as Paramount seeks federal approval for its $8.4 billion merger with Skydance Media. While the company insists the lawsuit is unrelated to the merger, critics suggest the settlement was designed to curry favor with the Trump administration.

As part of the deal, Paramount agreed that “60 Minutes” will release transcripts of future presidential candidate interviews after they air, subject to redactions for legal or security concerns.



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Endeavour Silver Q2 Earnings: Growth Isn’t Always Pretty

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Rand Paul Wants Elon Musk to Become House Speaker, But Lawmakers Are Already Calling Him President-Elect

Elon Musk is quickly becoming a key figure (if not the key figure) in the...

Friday, December 20, 2024, 02:17:00 PM

Ukraine Resists US Push for $500 Billion Mineral Rights Deal

Ukraine is pushing back against US demands for a $500 billion fund tied to the...

Monday, February 24, 2025, 03:46:00 PM

‘Time to Make a Deal’: Trump Threatens New Trade Restrictions on Russia Over Ukraine War

President Donald Trump has warned Russia of severe economic consequences if the ongoing war in...

Thursday, January 23, 2025, 03:47:00 PM

Fraudsters All Around: Trump Issues Pardons to Executives Convicted of Financial Crimes

President Donald Trump has issued a wave of controversial pardons, wiping clean the criminal records...

Monday, March 31, 2025, 10:26:00 AM

Trump Threatens Russia With Tariffs, Announces New Ukraine Weapons Plan

President Donald Trump announced Monday he will provide Ukraine with advanced US weapons and threatened...

Wednesday, July 16, 2025, 02:56:00 PM