The president said he‘ll receive $20 million worth of ’advertising, PSAs, or similar programming.’ The move brings the settlement total to $36 million.
President Donald Trump says he will receive $20 million in ads and public service announcements from Skydance, the incoming owner of CBS, in his lawsuit against the network’s “60 Minutes” over its 2024 interview with then-Vice President and presidential candidate Kamala Harris. This is in addition to the $16 million he won for his future presidential library in a settlement with Paramount.
Trump announced the development in a July 22 post on X.
“BREAKING NEWS! We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes, CBS, and Paramount,” he wrote.
Paramount/CBS/60 Minutes have today paid $16 Million Dollars in settlement, and we also anticipate receiving $20 Million Dollars more from the new Owners, in Advertising, PSAs, or similar Programming, for a total of over $36 Million Dollars.”
Skydance will merge with Paramount to form a company called New Paramount, which will be led by Skydance CEO David Ellison, the son of Oracle co-founder Larry Ellison. RedBird Capital Partners, a minority owner in Skydance, will also play a role.
The president sued Paramount Global, which owns CBS, over its “60 Minutes” interview with Harris, which Trump accused the flagship program of deceptively editing. This stems from interviewer Bill Whitaker’s asking Harris, who was running for president after President Joe Biden dropped out of the race, about the Israeli conflict in Gaza and U.S. involvement.
During CBS’s “Face the Nation,” the show aired a part of Harris’s answer about whether the United States was putting enough pressure on Israeli Prime Minister Benjamin Netanyahu over Israel’s actions in Gaza. “60 Minutes” aired answers Harris gave in response to follow-up questions on the subject.
“Quite simply, the version of the Interview that Plaintiffs and other consumers ultimately saw during ‘60 Minutes’ on October 7, 2024 was not the Interview that Defendants advertised on October 6, 2024 during ’Face the Nation’ and at other times prior to the Election Special,” the complaint said.
