CBS Newsâ parent company, Paramount, agreed to pay $16 million to President Donald Trump on Tuesday to settle his lawsuit relating to the editing of a â60 Minutesâ interview with former Vice President Kamala Harris.
Paramount said its payment, minus the legal fees, will be paid to Trumpâs future presidential library and agreed to release the written transcripts of future â60 Minutesâ interviews with presidential candidates, The New York Times reported. The settlement did not include an apology.
Trump filed a $10 billion lawsuit against CBS News in October 2024 after the network appeared to manipulate Harrisâ interview with â60 Minutesâ just weeks away from the 2024 election. The lawsuit, which increased to $20 billion in February, alleged that CBS News participated in âdeliberate deceptionâ by omitting parts of Harrisâ answer on former President Joe Bidenâs stance on Israel in order to bolster her chances in the election.
The Federal Communications Commission (FCC) released the full video and transcript of  theâ60 Minutesâ interview, which was found to be over twice as long as the version released to the public.
The lawsuit prompted Bill Owens, the now-former executive producer of â60 Minutes,â to resign from his position in April, stating that he had lost journalistic independence. Wendy McMahon then stepped down from her role as president and CEO of CBS News and Stations, telling her staff in a May 19 memo that the network faced a âchallenging time.â
In an April 13 Truth Social post, Trump called on the FCC to revoke CBS Newsâ license and âimpose the maximum fines and punishmentâ for allegedly attempting to help Harris win the 2024 election. He accused the network of covering him in a âderogatory and defamatory wayâ during their coverage of two stories on him in April.
âThey are not a âNews Show,â but a dishonest Political Operative simply disguised as âNews,â and must be responsible for what they have done, and are doing. They should lose their license!â Trump said. âHopefully, the Federal Communications Commission (FCC), as headed by its Highly Respected Chairman, Brendan Carr, will impose the maximum fines and punishment, which is substantial, for their unlawful and illegal behavior.â
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