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Paramount Global Agrees to Pay $16 Million to Settle Trump’s Suit Over 60 Minutes Editing

Securing transcript transparency for future candidate interviews represents a key concession as Paramount seeks approval for its Skydance merger.

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Overview

  • Paramount will pay $16 million to fund President Trump’s future presidential library and cover his legal fees without admitting wrongdoing or offering an apology.
  • Under the mediated deal, 60 Minutes must release full transcripts of all future U.S. presidential-candidate interviews, subject only to legal or national security redactions.
  • Senators Elizabeth Warren, Bernie Sanders and Ron Wyden have opened inquiries into possible bribery violations linked to the timing of the settlement during the FCC’s Skydance merger review.
  • CBS News President Wendy McMahon and 60 Minutes Executive Producer Bill Owens resigned in recent weeks after opposing the company’s push to settle the lawsuit.
  • FCC Chair Brendan Carr’s ongoing news-distortion investigation into the edited Harris interview remains active, maintaining regulatory pressure on Paramount.