Paramount agrees to pay $16 million to settle Trump ’60 Minutes’ lawsuit

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Paramount World, the mother or father firm of CBS Information and one of many largest media conglomerates in the USA, has agreed to settle a high-profile lawsuit introduced by President Trump over a “60 Minutes” interview with former Vice President Kamala Harris that aired final fall.

The settlement comes after months of authorized sparring and stress between the 2 sides, together with the compelled exit of the network’s president by Paramount brass and threats by Trump to revoke CBS’s broadcast license.

The settlement is price a reported $16 million and can be paid to the president’s future presidential library and never Trump himself.

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