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Trump says he received $16 million payment after Paramount lawsuit settlement

UNITED STATES, JUL 22 – The $16 million settlement with Paramount followed claims of deceptive editing in a 60 Minutes interview, raising concerns over a potential link to Paramount's $8.4 billion Skydance merger.

  • This week, a joint stipulation of dismissal with prejudice was filed by attorneys for Donald Trump and Paramount Global in a Texas federal court, ending his lawsuit over the edited 60 Minutes interview.
  • Last year, President Trump sued CBS for deceptive editing of a 60 Minutes interview, seeking $10 billion and prompting an FCC investigation.
  • In the settlement, Paramount Global paid Trump $16 million to settle the suit, President Trump claimed another $20 million in advertising is forthcoming, bringing the total to $36 million.
  • In response, CBS pulled Stephen Colbert’s Late Show after he called the settlement a `big fat bribe`, a move President Trump said he `absolutely loves`.
  • With regulatory approval pending, Paramount Global needs FCC sign-off for its $8.4 billion merger with Skydance Media, with the closing deadline pushed to Oct. 6, 2025.
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Forbes broke the news in United States on Tuesday, July 22, 2025.
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