Paramount has reached a $16 million settlement with Donald Trump regarding a lawsuit over an edited interview of Kamala Harris aired on CBS. Trump claimed that the editing favored the Democratic Party, initially seeking $10 billion in damages, later raising the amount to $20 billion. The settlement will not provide funds directly to Trump and includes a commitment from CBS to release transcripts of future interview broadcasts, barring specific concerns. Legal experts caution that Trump's approach may infringe on press freedoms.
The payout announced on Wednesday will go towards Trump's planned presidential library, with Paramount stating the funds would not be given to him directly or indirectly.
The case stems from a broadcast of 60 Minutes featuring then-Vice President Kamala Harris, which Trump alleged had been deceptively edited to benefit the Democratic Party before the 2024 election.
As part of the settlement, 60 Minutes will begin releasing interview transcripts with future presidential candidates following their broadcast, except where legal or national security concerns apply.
Legal analysts and press freedom groups have raised concerns over Trump's use of consumer protection laws against media outlets, warning it may be a tactic to sidestep constitutional protections afforded to journalists.
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