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

Paramount Global has agreed to pay President Trump $16 million to end his lawsuit over edits to a “60 Minutes” interview — a legal tussle that roiled CBS News, spurred high-level departures and threatened to derail the company’s hoped-for sale.

The money will be allocated to Trump’s future presidential library. As part of the deal, Paramount did not offer an apology or express regret for CBS News’ reporting or edits.

“No amount will be paid directly or indirectly to President Trump,” Paramount said in a statement. “The settlement will include a release of all claims regarding any CBS reporting through the date of the settlement, including the Texas action and the threatened defamation action.”

https://www.latimes.com/entertainment-arts/business/story/2025-07-01/paramount-settles-trump-cbs-60-minutes-lawsuit