Paramount to pay $16 million to settle with Trump in CBS News ‘60 Minutes’ lawsuit

After months of legal negotiations and wrangling, the question was less about whether Paramount would settle with Donald Trump, and more about how much the president’s lawyers would agree to. As NBC News reported, that question now has an answer.

Paramount has agreed to pay $16 million to settle a lawsuit brought by President Donald Trump that had alleged an interview that aired on CBS’s “60 Minutes” last year with Kamala Harris, his Democratic opponent for the presidency, 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.

The company did not apologize as part of the deal or admit any fault. Nevertheless, the plaintiff wasted little time in gloating: In a written statement from a presidential spokesperson, Team Trump boasted that the settlement “holds the Fake News media accountable for their wrongdoing and deceit.”

Read Full Article Here