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Trump says he received $16 million payment after Paramount lawsuit settlement

UNITED STATES, JUL 22 – Donald Trump received a $16 million settlement from Paramount and CBS over deceptive editing of a 60 Minutes interview, with transcripts now to be released after broadcasts.

  • On Tuesday, President Donald Trump and CBS parent Paramount Global agreed to dismiss the lawsuit, with a $16 million settlement, according to a court filing.
  • Amid the 2024 election cycle, Trump alleged CBS’s broadcast misled viewers, according to the lawsuit, alleging significant harm to his campaign and tens of millions of citizens.
  • Under settlement terms, Paramount Global will release transcripts, and Trump will receive extra funds, including an anticipated $20 million from Skydance Media, Trump said on Truth Social.
  • In response to the settlement, Stephen Colbert faced cancellation following his criticism, and three Democratic lawmakers raised legal concerns on July 21.
  • The settlement’s outcome may influence other pending media lawsuits, and Skydance Media’s $8 billion acquisition of Paramount Global depends on approval by the Federal Communications Commission.
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Forbes broke the news in United States on Tuesday, July 22, 2025.
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