Paramount Settles Trump $16M Lawsuit Over 60 Minutes Interview

President Donald Trump has secured a $16 million settlement from Paramount Global, the parent company of CBS, to resolve his lawsuit claiming that a "60 Minutes" interview with then-vice presidential candidate Kamala Harris was deceptively edited to favor her 2024 campaign. The settlement funds will be allocated to Trump's future presidential library or charities, with no money paid directly to Trump and no admission of wrongdoing from Paramount. The deal also includes a new policy requiring "60 Minutes" to release transcripts of future presidential candidate interviews after broadcast, subject to legal and national security redactions. Paramount's co-CEO George Cheeks justified the settlement as a way to avoid costly legal battles and business disruptions, despite disputing the need for the payment. Reports indicate the total settlement cost could exceed $30 million, potentially funding advertisements supporting conservative causes. The settlement's timing has raised concerns about potential influence related to Paramount's pending $8.4 billion merger approval with Skydance Media under the Trump administration.