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Trump says he received $16 million payment after Paramount lawsuit settlement
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Trump says he received $16 million payment after Paramount lawsuit settlement
Jul 22, 2025 1:28 PM

WASHINGTON, July 22 (Reuters) - U.S. President Donald

Trump said CBS parent company Paramount paid $16

million on Tuesday as part of a lawsuit settlement.

Paramount earlier this month agreed to settle a lawsuit

filed by Trump over an interview on CBS' "60 Minutes" with

former Vice President Kamala Harris that the network broadcast

in October.

Paramount needs approval from the Federal Communications

Commission for its $8.4 billion merger with Skydance Media. The

FCC did not make a decision by the 180-day informal deadline in

mid-May and FCC Chair Brendan Carr has denied Trump's lawsuit

was a factor.

Paramount could not immediately be reached for comment.

Trump and CBS formally agreed on Tuesday to the dismissal of

his lawsuit, according to a court filing.

"We have just achieved a BIG AND IMPORTANT WIN in our

Historic Lawsuit against 60 Minutes, CBS, and Paramount...

Paramount/CBS/60 Minutes have today paid $16 Million Dollars in

settlement, and we also anticipate receiving $20 Million Dollars

more from the new Owners," Trump said in a post on Truth Social.

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