Overview
- Paramount has agreed to pay $16 million to settle President Trump’s lawsuit against its CBS News division over an alleged deceptive edit.
- The settlement directs funds to Trump’s future presidential library and does not include any admission of fault or public apology.
- Trump initially sued in October under Texas consumer-protection law, claiming CBS’s 60 Minutes edited a Kamala Harris interview to favor her.
- The agreement arrives as Paramount seeks U.S. approval for its Skydance merger and contends with high-level departures sparked by concerns over editorial independence.
- Senator Elizabeth Warren has urged a full congressional anticorruption inquiry into library donations, and Trump plans to pursue similar lawsuits against other outlets.