Paramount Global, the parent company of CBS News, has agreed to pay $16 million to settle a lawsuit filed by President Trump over the editing of a “60 Minutes” interview with Kamala Harris.

Trump filed the lawsuit in October, alleging the network had deceptively edited the interview to boost Harris before the 2024 presidential election.

The money will not go to Trump directly but toward his future presidential library.

As a result, “60 Minutes” will release transcripts of interviews with presidential candidates in the future after they’ve aired.

Journalist Nick Sortor shared footage from the interview:

🚨 BREAKING: CBS’ parent company has just agreed to pay President Trump $16 MILLION after they deceptively edited Kamala’s 60 Minutes interview

Another HUGE legal win for Trump 🔥

Within the past several months, he’s been paid:

✅ $16 MILLION by ABC
✅ $25 MILLION by Meta
✅… pic.twitter.com/8mK55G0fkW

— Nick Sortor (@nicksortor) July 2, 2025

CNN provided further details:

Trump filed the lawsuit before winning reelection. His complaint was about a single question and answer in a lengthy “60 Minutes” interview with then-Vice President Kamala Harris. He claimed without evidence that the Harris exchange was deliberately edited to benefit the Democratic candidate and hurt him.

Conservative media watchdogs had noticed that CBS aired two different soundbites from Harris in response to correspondent Bill Whitaker’s question about the Biden administration’s relationship with Israel amid the war in Gaza. One clip aired on “Face the Nation” and another clip aired on “60 Minutes,” which generated confusion on the part of the viewing public.

As criticism mounted and Trump threatened to sue, CBS said it merely edited the vice president’s answer for time, in accordance with television news standards, and it declined to release the full transcript.

Trump went on the warpath, claiming “election interference” and calling it “the biggest scandal in broadcast history.” He accused CBS News of violating a Texas consumer protection law and demanded $10 billion in damages. His lawyers later raised the total to $20 billion.

Legal experts slammed the suit as “frivolous and dangerous,” and CBS defended “60 Minutes” on First Amendment grounds.

Under pressure from the FCC last winter, CBS released the tapes and transcript of the interview, and the raw materials confirmed that it engaged in normal editing, not any nefarious activity like Trump alleged.

Nevertheless, the lawsuit posed a serious problem for Paramount, especially its controlling shareholder, Shari Redstone, who stands to make hundreds of millions of dollars through the Skydance deal.

So once Trump took office for a second term, Paramount executives sought to make the lawsuit disappear by pursuing a settlement.

In its announcement, Paramount said the settlement does not include a statement of apology or regret.

🚨Just in: Paramount will pay President Trump $16 Million to settle his lawsuit against CBS 60 Minutes

The $16M will go to President Trump Presidential Library

CBS will now release the transcripts of Presidential Candidates

However, CBS will issue no public apology to Trump pic.twitter.com/taelARVL9y

— The Calvin Coolidge Project (@TheCalvinCooli1) July 2, 2025

NPR noted:

60 Minutes Executive Producer Bill Owens had told colleagues he would refuse to apologize. The chief executive of CBS News and its local stations, Wendy McMahon, had opposed settling.

Each ultimately resigned this spring, saying their departures would smooth a path for the program and the news division to continue independent-minded reporting. 60 Minutes is the longest running prime-time series in American television.

CBS’s legal team repeatedly made robust legal defenses even as attorneys for Paramount Global sought to strike a deal with the president’s private lawyers.

Yet Paramount’s controlling owner, Shari Redstone, has billions of dollars at stake as she seeks to close a sale of the company to Skydance Media. The deal is under formal review by the Federal Communications Commission, now led by Trump’s pick as chairman, Brendan Carr.