00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Paramount will pay $16 million to settle a lawsuit filed by Donald Trump over a 2024
00:0760 Minutes interview with Kamala Harris that Trump alleged was deceptively edited,
00:11according to CNBC. The proposed agreement includes legal fees and allocates the remainder,
00:15excluding costs, to Trump's future presidential library. Paramount said 60 Minutes will begin
00:19releasing interview transcripts with presidential candidates after airing necessary redactions.
00:24No apology or admission of wrongdoing is part of the deal, according to the company.
00:28The news comes as Paramount works to finalize an $8 billion merger with Skydance Media.
00:33The company emphasized that the lawsuit is unrelated to the merger or the FCC approval process.
00:37Leadership changes at CBS News filed internal tensions around coverage and editorial independence.
00:42For all things money, visit Benzinga.com.
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