Paramount agrees to pay $16 million to settle Trump's lawsuit over '60 Minutes' Kamala Harris interview

Paramount has agreed to pay $16 million to settle a lawsuit brought by President Donald Trump that had alleged an interview that aired on CBS’s “60 Minutes” last year with Kamala Harris, his Democratic opponent for the presidency, was deceptively edited

Paramount has agreed to pay $16 million to settle a lawsuit brought by President Donald Trump that had alleged an interview that aired on CBS’s “60 Minutes” last year with Kamala Harris, his Democratic opponent for the presidency, was deceptively edited.

The agreement in principle, proposed by a mediator, includes plaintiffs’ fees and costs and — except for fees and costs — will be allocated to Trump’s future presidential library, Paramount Global said in a statement late Tuesday. Paramount is the parent company of CBS.

The lawsuit was filed in the Northern District of Texas and sought $20 billion in damages.

President Donald Trump speaks to reporters on the South Lawn before boarding Marine One and departing the White House on July 01, 2025 in Washington, DC.Anna Moneymaker / Getty Images“The settlement will include a release of all claims regarding any CBS reporting through the date of the settlement, including the Texas action and the threatened defamation action,” the statement read.

A spokesperson for Trump's legal team said in a statement: With this record settlement, President Donald J. Trump delivers another win for the American people as he, once again, holds the Fake News media accountable for their wrongdoing and deceit. CBS and Paramount Global realized the strength of this historic case and had no choice but to settle."