Entertainment

Paramount Settles Trump’s ‘60 Minutes’ Suit for $16 Million

The CBS headquarters in New York. The network had been fighting the litigation on multiple fronts.

Photographer: Michael Nagle/Bloomberg

Paramount Global reached a settlement with President Donald Trump over a lawsuit that alleged election interference by the company’s CBS news network when it showed two different versions of a 60 Minutes interview with then-Vice President Kamala Harris in October.

Paramount agreed to pay $16 million, including plaintiff’s fees, according to a statement from the company. What’s left will go to a future presidential library. Trump had sought damages of $20 billion. No money will be paid to him directly.