Paramount has settled a lawsuit filed by President Trump, agreeing to pay $16 million over a '60 Minutes' segment that allegedly edited an interview with Kamala Harris. The settlement will go towards Trump's future presidential library and does not include an apology from Paramount. The company stated that settlements are a method to avoid lengthy legal battles and uncertainties. This decision is seen as separate from Paramount's ongoing merger with Skydance Media. Trump's legal team labeled the settlement as a victory for Americans.
"CBS and Paramount Global realized the strength of this historic case and had no choice but to settle."
"It's a shakedown, isn't it - it's on Shari Redstone's neck. She can't close the deal without it."
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