Paramount settles with Trump for $16m over ‘60 Minutes’ Kamala Harris interview

Paramount said it would pay the $16m to Trump's future presidential library and not to Trump himself. It also said the settlement did not include a statement of apology or regret.

CBS parent company Paramount on Wednesday settled a lawsuit filed by Donald Trump over an interview broadcast in October, in the latest concession by a media company to the US president, who has targeted outlets over what he describes as false or misleading coverage.

Paramount said it would pay $16m to settle the suit with the money allocated to Trump's future presidential library, and not paid to Trump directly or indirectly".