President Donald Trump on Tuesday announced that CBS News and its parent company Paramount Global has paid its $16 million settlement that officially closes out the administration’s “60 Minutes” lawsuit.
Trump sued the network for $10 billion in October after CBS News allegedly deceptively edited a “60 Minutes” interview with then-Vice President Kamala Harris, who was also the Democratic Party nominee for president at the time.
The settlement was reached earlier this month, which includes “plaintiffs’ fees and costs,” and will be allocated to Trump’s future presidential library, rather than being paid to the commander-in-chief directly.
“We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes, CBS, and Paramount,” Trump posted to Truth Social on Tuesday. “Just like ABC and George Slopadopoulos, CBS and its Corporate Owners knew that they defrauded the American People, and were desperate to settle. Paramount/CBS/60 Minutes have today paid $16 Million Dollars in settlement, and we also anticipate receiving $20 Million Dollars more from the new Owners, in Advertising, PSAs, or similar Programming, for a total of over $36 Million Dollars.
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Author: Faith Novak
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