Overview

• Paramount will pay $16 million to resolve President Trump’s deceptive editing claim under Texas consumer-protection law, with all funds directed to his presidential library and no apology required.
• As part of the deal, 60 Minutes must release transcripts of future interviews with U.S. presidential candidates, allowing redactions only for legal or national security reasons.
• The settlement remains subject to Federal Communications Commission review as Paramount seeks approval for its $8.4 billion merger with Skydance Media.
• The lawsuit prompted the resignations of 60 Minutes executive producer Bill Owens and CBS News CEO Wendy McMahon, both citing pressures on editorial independence.
• This payment mirrors ABC News’s $16 million settlement with Trump and has prompted Democratic senators to warn that such media payouts could raise bribery concerns.