Chicago – July 03, 2025
Paramount has agreed to pay $16 million to settle a lawsuit in which President Donald Trump alleged that an interview with Kamala Harris, his Democratic opponent for the presidency, that aired on CBS’ “60 Minutes” last year was deceptively edited.
The agreement in principle, proposed by a mediator, includes plaintiffs’ fees and costs and — except for fees and costs — will be allocated to Trump’s future presidential library, Paramount Global said in a statement late Tuesday. Paramount is the parent company of CBS.
The lawsuit, which was filed in the Northern District of Texas, sought $20 billion in damages.
“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,” the statement read.
A spokesperson for Trump’s legal team said in a statement that with the settlement, Trump “delivers another win for the American people as he, once again, holds the Fake News media accountable for their wrongdoing and deceit. CBS and Paramount Global realized the strength of this historic case and had no choice but to settle.”
Trump added his former doctor, Rep. Ronny Jackson, R-Texas, as a plaintiff to the suit in February, the Los Angeles Times reported. Under the settlement, Paramount said in its statement, neither Trump nor Jackson would personally receive direct or indirect payment.
