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2h ago

Paramount Reaches $16 Million Settlement with President Trump, Institutes CBS Transcript Policy

The company sought the settlement to secure FCC approval of its Skydance merger, prompting critics from across the political spectrum.

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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60 Minutes, Paramount and CBS logos with Donald Trump (Image: Private Media/Zennie)

Overview

  • Paramount Global and CBS will pay President Trump $16 million to end his $20 billion lawsuit alleging deceptive editing of a 60 Minutes interview with then–Vice President Kamala Harris.
  • CBS News will not admit wrongdoing but must publish full, unedited transcripts of all future presidential candidate interviews under revised editorial standards.
  • Fox News Digital reports of an additional $16 million advertising allocation for conservative causes have been denied by Paramount management, which says only $16 million was sanctioned.
  • Senators Bernie Sanders and Ron Wyden condemned the settlement as a dangerous threat to the First Amendment and likened it to a payoff to influence regulatory decisions.
  • The agreement remains central to the FCC’s pending review of Paramount’s proposed Skydance Media merger under commissioner Brendan Carr’s news-distortion policy.