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Paramount and CBS Settle Trump’s ‘60 Minutes’ Suit for $16 Million

It requires full interview transcripts for future presidential candidates in a move driven by regulatory stakes.

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CBS News broadcaster Edward R. Murrow warned long ago of the problems that stem from the corporate ownership of news organizations. (AP Photo)
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Overview

  • Paramount Global and CBS News will pay $16 million to resolve President Trump’s lawsuit over alleged deceptive editing of a “60 Minutes” interview with Kamala Harris, covering his legal fees and library fund without admitting wrongdoing or issuing an apology.
  • As part of the deal, CBS News has agreed to publish complete, unedited transcripts of all future interviews with presidential candidates after they air.
  • President Trump claims an additional side arrangement with Skydance Media will place another $15–20 million in public service announcements, a contention that Paramount denies and says was not approved by its board.
  • The settlement is widely seen as linked to Paramount’s bid for Federal Communications Commission approval of its pending $8 billion merger with Skydance Media under a Trump-appointed commission.
  • Free-press groups and Democratic lawmakers have threatened regulatory and congressional investigations, warning the agreement sets a dangerous precedent for journalistic independence.