Paramount and CBS Agree to Pay Trump Up to $30M in Election Lawsuit Settlement—Plus Editorial Reforms

NEW YORK — In a blockbuster media and political development, Paramount Global and CBS have agreed to a settlement potentially exceeding $30 million to resolve former President Donald Trump’s lawsuit accusing the network of election interference tied to a 2024 “60 Minutes” interview with then–Vice President Kamala Harris.

The deal includes an upfront $16 million payout to cover Trump’s legal expenses and contributions to causes such as his future presidential library or charities, according to Fox News Digital. CBS has not admitted wrongdoing, but agreed to reform its editorial standards as part of the settlement.

What’s Changing at CBS?

As part of the agreement, CBS will now release full, unedited transcripts of all future interviews with presidential candidates. Insiders are already calling this policy change the “Trump Rule.”

While CBS hasn’t conceded any journalistic fault, sources say the new policy aims to rebuild trust and transparency after months of backlash.

The Numbers: A Massive Payout

• $16 million paid upfront to Trump
• Additional mid–eight-figure allocation anticipated for future public service announcements and conservative-aligned messaging across CBS platforms
• The total amount may surpass the $15 million ABC paid Trump last year in a separate defamation case

Paramount executives dispute the additional allocation figure, but Trump’s legal team sees the deal as a resounding victory.

“President Trump delivers another win for the American people… CBS and Paramount Global had no choice but to settle,” a spokesperson for Trump’s team said.

The Lawsuit: What Sparked the Battle

Trump’s legal complaint centered on a 2023 “60 Minutes” interview with Kamala Harris. A preview clip on Face the Nation showed Harris fumbling through a widely mocked answer about Israeli Prime Minister Netanyahu — what critics called a “word salad.” A different, more concise version of her response aired during the network’s primetime broadcast.

Trump alleged this selective editing was meant to shield Harris from criticism right before Election Day — and that it amounted to election interference. CBS maintained that both clips came from the same answer and denied any intent to mislead.

Still, the FCC got involved, forcing CBS to release the unedited transcript, which revealed both parts of Harris’ answer were cut and aired separately.

Political and Industry Fallout

Trump originally sought $20 billion in damages. And while CBS avoided that number, the network was clearly under pressure — especially with Paramount Global’s pending merger with Skydance Media in the background. There were fears that Trump’s FCC could block the deal if the lawsuit wasn’t resolved.

Not everyone inside CBS agreed with the decision to settle:

• “60 Minutes” producers reportedly called the lawsuit “complete bulls—”
• Longtime executive producer Bill Owens resigned in April over the dispute, citing a lack of editorial independence
• CBS News President Wendy McMahon also stepped down in May, stating, “It’s time for me to move on”

Meanwhile, Sen. Bernie Sanders and eight other Democratic senators had urged Paramount not to settle, calling the lawsuit an “attack on the First Amendment.”

No Apology, No Personal Payout

The settlement does not include any admission of guilt or a formal apology. No money is going directly to Trump himself—the funds are earmarked for legal and charitable use.

Paramount emphasized that the settlement is unrelated to the Skydance deal and that it is simply “abiding by the legal process.” Still, the timing suggests a strategic move to clear the decks ahead of the July 2 shareholder meeting.

Trump: “They Cheated the American People”

Trump, for his part, called the CBS segment a “fraud on the American people.” On Truth Social, he claimed Harris’ original answer was so damaging it would have “cost her many of the votes she ended up getting.”

The case, Trump argued, showed that the media had gone too far in trying to influence elections—and this time, he fought back and won.

Final Take

This is more than just a legal victory for Trump—it’s a shot across the bow for mainstream media. Whether you view it as justice or intimidation, the settlement marks a pivotal moment in the evolving relationship between politics, press freedom, and accountability in the digital age.