Overview

• Paramount Global and CBS agreed to pay President Trump $16 million to settle his lawsuit over the alleged deceptive editing of a ’60 Minutes’ interview with Kamala Harris
• As part of the settlement, the companies will not admit wrongdoing or issue an apology but will publish full transcripts of any future interviews with eligible U.S. presidential candidates
• President Trump’s assertion of a separate $16 million public service announcement deal with Skydance remains unverified and is explicitly denied by Paramount
• The Federal Communications Commission triggered a new 90-day extension for its review of the $8.4 billion Skydance-Paramount merger, following requests for full footage and transcripts
• Journalists, press-freedom groups and Democratic lawmakers have condemned the payout as undermining editorial independence and encouraging political pressure on news outlets