Paramount to Pay Trump $16 Million to Settle '60 Minutes' Lawsuit

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Paramount to Pay Trump $16 Million to Settle ‘60 Minutes’ Lawsuit

President Trump had sued over an interview with former Vice President Kamala Harris. The company needs federal approval for a multibillion-dollar sale.

https://www.nytimes.com/2025/07/02/business/media/paramount-trump-60-minutes-lawsuit.html?


Paramount said late Tuesday that it has agreed to pay President Trump $16 million to settle his lawsuit over the editing of an interview on the CBS News program “60 Minutes,” an extraordinary concession to a sitting president by a major media organization.

Paramount said its payment includes Mr. Trump’s legal fees and costs and that the money, minus the legal fees, will be paid to Mr. Trump’s future presidential library.

As part of the settlement, Paramount said that it had agreed to release written transcripts of future “60 Minutes” interviews with presidential candidates. The company said that the settlement did not include an apology.

The deal is the clearest sign yet that Mr. Trump’s ability to intimidate major American institutions extends to the media industry.

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A spokesman for Mr. Trump’s legal team said in a statement that the settlement was “another win for the American people” delivered by the president, who was holding “the fake news media accountable.”