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Former ’60 Minutes’ journalist: Trump settlement was ‘tribute to the king’

UNITED STATES, JUL 8 – Paramount settled President Trump's $20 billion lawsuit for $16 million without apology to advance FCC merger approval, though regulatory delays and political backlash continue.

  • Last week, Paramount Global reached a $16 million agreement to resolve a legal dispute initiated by President Donald Trump concerning a 60 Minutes interview aired last fall featuring Kamala Harris.
  • Trump sued CBS News over what he claimed was deceptive editing during Harris' interview, while the settlement excluded an apology and followed regulatory pressure linked to Paramount's pending $8 billion merger with Skydance Media.
  • Steve Kroft, a longtime 60 Minutes correspondent, described the settlement as devastating to CBS News staff morale, who also voiced concerns about the deal amid fears of political influence over journalism.
  • Paramount denies any commitments beyond the settlement and any involvement with public service announcements, though Trump and reports suggested additional advertising deals might raise the settlement's value closer to $30 million.
  • The settlement heightened calls from Democratic lawmakers and press freedoms groups for investigation, suggesting the deal could embolden future lawsuits and challenge press independence amid ongoing FCC review of the Skydance merger.
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Variety broke the news in Los Angeles, United States on Tuesday, July 8, 2025.
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