Paramount pays Trump $16 million to settle Harris lawsuit

Paramount has agreed to pay $16 million to settle its lawsuit with Donald Trump filed during the 2020 presidential campaign, according toThe Washington Post. The deal is controversial as legal experts said Paramount had a strong chance of prevailing in court and may have settled to smooth the path for its $2.4 billion Skydance merger.

Paramount said the $16 million would be allocated to Trump's future presidential library and not paid to him "directly or indirectly." In addition, it "does not include a statement of apology or regret," according to the media company.

Trump filed the lawsuit over a CBS interview with Kamala Harris that aired in October, initially demanding $10 billion and an apology. The network said it edited one of her answers for time (about Israel's prime minister Benjamin Netanhau), but Trump's attorney alleged that CBS intended to "confuse, deceive and ...