“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. Many lawyers had dismissed Mr. Trump’s lawsuit as baseless and believed that CBS would have ultimately prevailed in court, in part because the network did not report anything factually inaccurate, and the First Amendment gives publishers wide leeway to determine how to present information. But Shari Redstone, the chair and controlling shareholder of Paramount, told her board that she favored exploring a settlement <https://www.nytimes.com/2025/02/28/business/dealbook/redstone-paramount-skydance-deal.html> with Mr. Trump. Some executives at the company viewed the president’s lawsuit as a potential hurdle to completing a multibillion-dollar sale <https://www.nytimes.com/2024/07/07/business/media/paramount-skydance-merger-deal.html> of the company to the Hollywood studio Skydance, which requires the Trump administration’s approval.” https://www.nytimes.com/2025/07/02/business/media/paramount-trump-60-minutes-lawsuit.html?smid=nytcore-ios-share&referringSource=articleShare Sent from Gmail Mobile -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/tvornottv/CAKGtkY%2BmYFCxi7%2BHUu2Otuji22bc04%3D%3DrfUw6WxyckBPO_DHMA%40mail.gmail.com.
