Paramount settled a lawsuit from Donald Trump, agreeing to pay $16 million allocated for his presidential library. Trump claimed CBS deceptively edited a 60 Minutes interview with Kamala Harris. Initially seeking $10 billion in damages, he raised the claim to $20 billion in an amended complaint. The case was moved into mediation after CBS dismissed the lawsuit as baseless. Paramount also agreed to provide transcripts of interviews with future presidential candidates, permitting necessary legal or national security redactions. The settlement occurs amid Paramount's upcoming merger with Skydance, valued at $8.4 billion.
Paramount settled a lawsuit filed by Donald Trump over an interview aired on CBS’s 60 Minutes, agreeing to pay $16m, earmarked for Trump's presidential library.
Trump alleged CBS edited an interview with Kamala Harris to favor the Democratic party and claimed damages higher than $20bn in his lawsuit.
Paramount also agreed to release transcripts of interviews with future US presidential candidates after they air, ensuring compliance with legal or national security redactions.
Prior to the settlement, CBS characterized Trump's lawsuit as completely without merit and sought to have the case dismissed in court.
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