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 McMahon also stepped down, saying in a parting memo, “the company and I do not agree on the path forward.”
Paramount Will Pay Trump $16 Million to Settle Lawsuit Alleging “60 Minutes” Bias
HeadlineJul 02, 2025

Image Credit: CBS News/“60 Minutes”