financetom
Business
financetom
/
Business
/
Trump says received $16 million payment after Paramount lawsuit settlement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump says received $16 million payment after Paramount lawsuit settlement
Jul 22, 2025 11:57 AM

(Reuters) -U.S. President Donald Trump said CBS parent company Paramount paid $16 million on Tuesday as part of a lawsuit settlement and that he expects to receive $20 million more.

Paramount earlier this month agreed to settle a lawsuit filed by Trump over an interview with former Vice President Kamala Harris that the network broadcast in October.

"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.

(Reporting by Ryan Patrick Jones and Bhargav Acharya in Toronto;)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Stevanato Group Inaugurates New Pharma Factory Near Rome
Stevanato Group Inaugurates New Pharma Factory Near Rome
May 30, 2024
05:29 AM EDT, 05/30/2024 (MT Newswires) -- Stevanato Group (STVN) said Thursday it has inaugurated a new 65,000-square meter drug containment and delivery facility near Rome. The facility, which employs 200 people, produces the company's EZ-fill pre-sterilized syringes for the pharmaceutical industry. The company said it plans to build its next facility near Indianapolis. Price: 19.16, Change: -0.02, Percent Change:...
Volkswagen distributor D'Ieteren flags softer auto glass repair demand in N America
Volkswagen distributor D'Ieteren flags softer auto glass repair demand in N America
May 30, 2024
(Reuters) -Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in first-quarter sales and flagged lower volumes for its auto glass repair business in North America due to milder weather. The group, which distributes Volkswagen, Audi, SEAT, Škoda cars in Belgium, reported combined sales of 3.83 billion euros over the same period a year earlier. The numbers...
BW LPG Q1 Earnings, Revenue Rise -- Shares Advance Pre-Bell
BW LPG Q1 Earnings, Revenue Rise -- Shares Advance Pre-Bell
May 30, 2024
05:24 AM EDT, 05/30/2024 (MT Newswires) -- BW LPG ( BWLP ) reported Q1 earnings Thursday of $1.07 per diluted share, up from $0.95 a year earlier. Three analysts polled by Capital IQ expected $0.79. Shipping and product services revenue for the quarter ended March 31 was $1.04 billion, up from $893.1 million a year earlier. Analysts' estimates were not...
Birkenstock boosts revenue forecast on robust footwear demand
Birkenstock boosts revenue forecast on robust footwear demand
May 30, 2024
(Reuters) -Birkenstock ( BIRK ) raised its annual revenue and core profit forecasts on Thursday, as the German sandal maker bets on full-price selling and strong demand for its cork-based sandals and newer closed-toe shoes, sending its shares up 6% premarket. Most wholesale retailers are still stocking up on in-demand products like Birkenstock ( BIRK ) despite a wider effort...
Copyright 2023-2026 - www.financetom.com All Rights Reserved