Paramount has reached a settlement with Donald Trump, who sued CBS News for $20 billion over the editing of a 60 Minutes interview with his Democratic opponent, Kamala Harris.
July 2 Paramount has reached a settlement with Donald Trump, who sued CBS News for $20 billion over the editing of a 60 Minutes interview with his Democratic opponent, Kamala Harris.
The move is expected to further raise concerns with press freedom and democracy advocates who have characterized Trump’s lawsuit as frivolous, a attack on the free press and unprecedented, while some Democrats have warned that it may violate bribery laws.
The announcement comes a day after both sides of the lawsuit asked the court to stay ongoing proceedings in the case « because the parties are engaged in good faith, advanced, settlement negotiations », which the court agreed to on Tuesday.
On Tuesday night, Paramount said it agreed to pay $16 million, excluding legal fees, to Trump’s future presidential library to settle the lawsuit, The New York Times reported.
No apology was included in the settlement, Paramount said it agreed to release written transcripts of future 60 Minutes interviews with presidential candidates.
UPI has contacted Paramount for confirmation and comment.
60 Minutes is a program on CBS News, whose parent company is Paramount.
Trump filed the lawsuit against CBS News in October as he was running for president, taking issue with the editing of a 60 Minutes interview with Harris, which Trump described as being deceptively doctored.
