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Late-Night Hosts Decry Paramount’s $16M Trump Settlement as Merger Bribe

Colbert and Stewart’s Monday critiques highlight fears that Paramount’s payment functions as a merger bribe, threatening press freedom.

NEW YORK, NEW YORK - AUGUST 21: Stephen Colbert speaks at the We Love NYC: The Homecoming Concert at the Great Lawn in Central Park on August 21, 2021 in New York City. We Love NYC: The Homecoming Concert is the culmination star studded performance from NYC Homecoming week which celebrates the city's recovery of the Covid-19 pandemic. (Photo by Alexi Rosenfeld/Getty Images)
This photo combination shows Jon Stewart, left, posing for a photo outside the Department of Veterans Affairs, July 26, 2024, in Washington and Stephen Colbert being interviewed at The Vatican, June 14, 2024. (AP Photo/Kevin Wolf, Riccardo De Luca)
The Late Show with Stephen Colbert during Monday’s July 14, 2025 show. Photo: Scott Kowalchyk ©2025 CBS Broadcasting Inc. All Rights Reserved.
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Overview

  • Paramount Global finalized a $16 million settlement earlier this month to end President Trump’s lawsuit over an edited 60 Minutes interview with Kamala Harris, covering his legal fees and a contribution to his presidential library without admitting fault.
  • The agreement requires CBS News to publish transcripts of future interviews with eligible presidential candidates, subject to legal and national security redactions, and does not include any corporate apology.
  • Stephen Colbert condemned the payment as a “big fat bribe” and Jon Stewart called it a “shakedown” on Monday, signaling intensified satire from within Paramount’s late-night lineup.
  • Sen. Elizabeth Warren has called for an anti-bribery investigation, and the Federal Communications Commission is reviewing Paramount’s pending Skydance merger under its news-distortion policy.
  • Press freedom advocates warn that tying a newsroom settlement to regulatory approval could undermine journalistic independence and expose news and satire programs to political pressure.