Paramount to reach a $16 million settlement over Trump's CBS lawsuit
Summary
Paramount Global, which owns CBS News, agreed to a $16 million settlement with former President Trump's foundation over a lawsuit related to a "60 Minutes" interview with Kamala Harris. The agreement includes paying Trump's legal fees and a promise that future interview transcripts will be released, though some parts might be kept secret for legal reasons.Key Facts
- Paramount Global owns CBS News and the show "60 Minutes."
- The settlement is for $16 million and is paid to Trump's foundation for his future presidential library.
- The issue arose from a "60 Minutes" interview with Kamala Harris during last fall's elections.
- Trump's lawsuit claimed the interview editing interfered with elections.
- The settlement includes paying Trump's legal fees, but no apology was part of the deal.
- Paramount agreed to release future interview transcripts, possibly with some parts hidden.
- CBS executives opposed the settlement, and some resigned over it.
- Shari Redstone, Paramount's owner, is involved in selling the company, a move reviewed by the FCC.
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