Overview
- Paramount will pay $16 million to Donald Trump’s future presidential library to end his lawsuit over a CBS ’60 Minutes’ interview with Kamala Harris.
- The agreement contains no apology and Paramount insists it did not misleadingly edit the Harris segment.
- Under the settlement, CBS will release verbatim transcripts of all future ’60 Minutes’ interviews with presidential candidates.
- This deal follows similar multimillion-dollar settlements with ABC News and Meta, raising concerns about pressures on journalistic independence.
- Observers say the concession is designed to bolster Paramount’s case for U.S. approval of its proposed $8 billion Skydance Media merger.