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July 2, 2025

Paramount Will Pay Trump $16 Million to Settle Lawsuit Alleging "60 Minutes" Bias
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The parent company of CBS News has agreed to pay $16 million to settle a
$20 billion lawsuit brought by Donald Trump, who objected to the way CBS
News's "60 Minutes" edited an interview with Kamala Harris. Paramount
board chair and controlling shareholder Shari Redstone reportedly sought
the settlement to ensure the FCC approves Paramount's $8.4 billion bid
to merge with Skydance Media. In April, "60 Minutes" longtime executive
producer Bill Owens resigned amid disagreements over how to respond to
Trump's lawsuit, saying he'd "lost the independence that honest
journalism requires." In May, CBS News president and CEO Wendy Mc Mahon
also stepped down, saying in a parting memo, "the company and I do not
agree on the path forward." 


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