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Paramount accused of bribery as it settles Trump lawsuit for $16 million

Payout to future presidential library

Paramount told us that the settlement terms were proposed by a mediator and that it will pay $16 million, including plaintiffs’ fees and costs. That amount, minus the fees and costs, will be allocated to Trump’s future presidential library, Paramount said. Trump’s complaint sought at least $20 billion in damages.

Paramount also said that “no amount will be paid directly or indirectly to President Trump or Rep. Jackson personally” and that the settlement will release Paramount from “all claims regarding any CBS reporting through the date of the settlement, including the Texas action and the threatened defamation action.”

Warren’s statement said the “settlement exposes a glaring need for rules to restrict donations to sitting presidents’ libraries,” and that she will “introduce new legislation to rein in corruption through presidential library donations. The Trump administration’s level of sheer corruption is appalling and Paramount should be ashamed of putting its profits over independent journalism.”

Trump previously obtained settlements from ABC, Meta, and X Corp.

Paramount said the settlement “does not include a statement of apology or regret.” It “agreed that in the future, 60 Minutes will release transcripts of interviews with eligible US presidential candidates after such interviews have aired, subject to redactions as required for legal or national security concerns.”

FCC’s news distortion investigation

Trump and Paramount previously told the court that they were in advanced settlement negotiations and are scheduled to file a joint status report on Thursday.

Federal Communications Commission Chairman Brendan Carr has been probing CBS over the Harris interview and holding up Paramount’s merger with Skydance. Carr revived a complaint that was previously dismissed by the FCC and which alleges that CBS intentionally distorted the news by airing two different answers given by Harris to the same question about Israeli Prime Minister Benjamin Netanyahu.

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FCC demands CBS provide unedited transcript of Kamala Harris interview

The Federal Communications Commission demanded that CBS provide the unedited transcript of a 60 Minutes interview with Kamala Harris that is the subject of a complaint to the FCC and a lawsuit filed by President Donald Trump.

CBS News on Wednesday received a letter of inquiry in which the FCC requested “the full, unedited transcript and camera feeds” of the Harris interview, The New York Times reported today. “We are working to comply with that inquiry as we are legally compelled to do,” a CBS News spokesperson told media outlets.

FCC Chairman Brendan Carr repeatedly echoed Trump’s complaints about alleged media bias before the election and has taken steps to punish news broadcasters since Trump promoted him to the chairmanship. Complaints against CBS, ABC, and NBC stations were dismissed under former Chairwoman Jessica Rosenworcel, but Carr reversed those dismissals in his first week as chair. Carr also ordered investigations into NPR and CBS.

FCC Commissioner Anna Gomez, a Democrat, criticized what she called Carr’s “latest action to weaponize our broadcast licensing authority.”

“This is a retaliatory move by the government against broadcasters whose content or coverage is perceived to be unfavorable,” Gomez said today. “It is designed to instill fear in broadcast stations and influence a network’s editorial decisions. The Communications Act clearly prohibits the Commission from censoring broadcasters and the First Amendment protects journalistic decisions against government intimidation. We must respect the rule of law, uphold the Constitution, and safeguard public trust in our oversight of broadcasters.”

CBS considers settling Trump lawsuit

Trump sued CBS over the Harris interview, and executives at CBS owner Paramount Global have held settlement talks with Trump representatives. “A settlement would be an extraordinary concession by a major U.S. media company to a sitting president, especially in a case in which there is no evidence that the network got facts wrong or damaged the plaintiff’s reputation,” The New York Times wrote.

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