2 Jul 2025

Paramount Settles DJT Lawsuit

by Bonnie | | 0

Paramount agreed to pay $16 million to Donald Trump’s Presidential library to settle his lawsuit over an interview aired by subsidiary CBS with former Vice President and Presidential candidate Kamala Harris in the new magazine show 60 Minutes in October 2024.

CBS had asked a judge to dismiss the lawsuit as “completely without merit” but the case went into mediation in April 2025.

Paramount is pursuing a merger with Skydance Media which is worth $8.4 billion and needs approval from the Federal Communications Commission. Trump threatened to have the broadcasting license for CBS revoked and could seek to block the merger.

Paramount’s capitulation comes after other lawsuits and settlements by ABC News (owned by Disney) and Meta Platforms (owner of Facebook and Instagram).

Click here for more details.

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