Paramount settles Trump lawsuit over Kamala Harris interview on '60 Minutes' for $16 million By Helen Coster, Jack Queen and David Shepardson July 2, 202510:21 AM PDTUpdated July 2, 2025 Summary ...

Paramount accused of bribery as it settles Trump lawsuit for $16 million CBS owner won't apologize for reporting but gives $16M to presidential library.

Paramount has agreed to pay $16 million to settle its lawsuit with Donald Trump filed during the 2020 presidential campaign.

Paramount said it would pay $16 million to settle the lawsuit, with the money allocated to Donald Trump's future presidential library.

The latest court filing said there have been "good faith, advanced, settlement negotiations" between lawyers for President Donald Trump and Paramount Global.

Paramount Global, the parent company of CBS News, may be on the verge of a settlement deal with President Trump, much to the chagrin of its own news employees.

Paramount and Trump in “Advanced” Settlement Talks As Merger Deadline Nears A deal to resolve the '60 Minutes' lawsuit is believed to be a key component for the FCC to approve the transfer of ...

Months after Paramount reportedly began talks to settle President Trump’s false-advertising claim against CBS, the company is still holding fast. “This is a meritless lawsuit,” begins its ...

Paramount lays off several hundred employees amid linear TV declines and ‘dynamic macro-environment’ Paramount Global said Tuesday that it would lay off 3.5% of its domestic staff.

Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a decline in cable TV subscribers, according to an internal memo seen by Reuters.

It’s the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.

Paramount Global is continuing to cut its U.S. workforce, with its co-CEOs on Tuesday unveiling another reduction by 3.5 percent. The cuts follow a 15 percent reduction last year.