Paramount Reportedly Agrees to Settle Trump's CBS Lawsuit for $16 Million-February 2024-www.financetom.com

Paramount Reportedly Agrees to Settle Trump's CBS Lawsuit for $16 Million

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Paramount Reportedly Agrees to Settle Trump's CBS Lawsuit for $16 Million

Jul 2, 2025 4:11 AM

06:53 AM EDT, 07/02/2025 (MT Newswires) -- Paramount Global ( PARAA ) has agreed to pay $16 million to settle a lawsuit filed by US President Donald Trump against Paramount unit CBS, alleging that the network edited a "60 Minutes" interview with then-vice president Kamala Harris to tip the scales in her favor, news outlets reported, citing a statement from Paramount.

"The settlement does not include a statement of apology or regret," Paramount reportedly said.

The settlement amount will be allocated to Trump's future presidential library, and not paid to him "directly or indirectly," Reuters reported, citing Paramount.

The company did not immediately respond to MT Newswires' request for comment.

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