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Paramount Will Pay Trump $16 Million and Publish Full Presidential-Interview Transcripts

The deal comes after FCC scrutiny of Paramount’s Skydance merger, prompting debate over First Amendment protections.

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Overview

  • Paramount agreed to pay $16 million to President Trump’s future presidential library without issuing an apology as part of the settlement.
  • Under the agreement, 60 Minutes must release full transcripts of future interviews with presidential candidates, subject only to legal and national security redactions.
  • Paramount pursued the deal in the face of regulatory pressure tied to its pending $8.4 billion merger with Skydance Media and the FCC’s news-distortion review.
  • The Freedom of the Press Foundation is considering legal action over the settlement, and 60 Minutes correspondents have warned that the move threatens newsroom independence and First Amendment rights.
  • Fox News host Charlie Hurt hailed the outcome as proof that Trump can successfully challenge major institutions and secure concessions.